AEROSOLES SIGNS A LICENSE AGREEMENT WITH ORLY TO DEVELOP IN PEOPLE
This new collection of men’s and women’s slippers, socks, flip flops and roller skates offers a fresh, contemporary feel with comfort at heart to complement the brand’s assortment of classic women’s styles. The first collections are expected to launch in the summer of 2023 and will be available at Nordstrom, Macy’s and other department stores and specialty stores to follow. Retail prices for men’s and women’s flip flops, socks and slippers range from $20– $50 and roller skates range from $80 – $150.
“These are exciting times for Aerosoles and we are delighted to be working with one of the best in class companies to provide a comprehensive product offering to our consumers. As a global lifestyle brand, we are committed to present a cohesive retail presentation, with a wide variety of products for men, women and youth. This is the first licensing partnership we have signed since the acquisition and we look forward to partnering with Orly to utilize their expertise, capabilities and expand our consumer base,” said Alen MamroutPresident and CEO of American Exchange Group.
“Our newly established partnership with Orly aligns perfectly with our strategy to leverage our brand’s pillars of comfort and technology into other licensed categories. Our proprietary technology is what has positioned Aerosoles as a leader in the field of comfort for decades and will continue to evolve and expand to our licensed categories. This will remain the trademark that makes our products so unique,” said Steve VelasquezChief Strategy Officer of American Exchange Group.
“My goal is to create and build new licensing partnerships and continue to propel the Aerosoles brand by developing and expanding exciting new product categories. I look forward to partnering with the team at Orly to deliver comfortable and stylish hanging shoe options to our male consumers, flip flops to women, and propelling our brand DNA into the roller skate niche market!” said Cynthia NixonVice President, Licensing and Brand Development at American Exchange Group.
“Orly is delighted to include Aerosoles in our diverse portfolio of brands. Our company has a long history of private labeling for comfort-focused products, so we are very pleased to have the opportunity to partner with a brand internationally. recognized as Aerosoles, known for its comfort, style and innovation.Our core mission is to consistently provide fashionable and comfortable designs to our customers.To further develop our business, we will leverage our brand image, our leading position in the fashion-forward footwear and our industry-leading design team on the style and offerings of Aerosoles,” said Albert AntebiFounder/CEO of Orly.
Flynn Collective was Aerosoles’ agent and TSG Brands was Orly’s agent.
Aerosoles is a global footwear leader providing high quality products that are both fashionable and high performance to customers in over 40 countries around the world.
About the American Exchange Group
American Exchange Group is an industry leader in the design and manufacture of accessories. By facilitating distribution to major retailers around the world for our exclusive brands, custom private labels and exclusive licensed brands, including footwear, tech apparel, watches, jewelry, handbags and fashion accessories , American Exchange Group is raising the bar by disrupting status quo pricing while staying on top of trends.
SOURCE American Exchange Group