About RCG Corporation
RCG Corporation Limited (ASX: RCG) is an investment holding company which owns and operates a number of footwear businesses in the performance, comfort and active lifestyle sectors. These include retailers, The Athlete's Foot Australia and Podium Sports; and RCG's wholesale and distribution subsidiary, RCG Brands Pty Limited which is the Australian distributor for the Merrell, Saucony, Cushe, Chaco, CAT (Caterpillar) and Sperry Top-Sider brands of footwear and apparel.
The Athlete's Foot was established under licence in Australia in 1981. Since then it has grown to become Australia’s largest retailer of athletic footwear and now operates over 148 stores across Australia and New Zealand, with stores in every state and territory. In August 2009, RCG signed new long term licence agreements for The Athlete’s Foot business in Australia and New Zealand under which it will pay no ongoing licence fees to the US licensor for an effective term of 249 years.
RCG has set up a wholesale division (RCG Brands), operating independently of its retail division, to maximize distribution to the many department store, specialty retail and outdoor retailers already carrying the above brands as well as to new prospective customers.
Since January 2010, RCG has held the Australian rights to distribute the Merrell brand of footwear and apparel under an agreement with Wolverine World Wide Inc, the owner of Merrell. Since launching in the Australian marketplace 10 years ago, Merrell has built a significant presence in the outdoor, comfort, active lifestyle, and performance markets. In December 2010, RCG opened it's first Australian Merrell flagship store. RCG has subsequently been awarded Australian distribution rights for Cushe and Chaco, small niche brands, CAT (Catepillar) footwear and apparel and Sperry Top-Sider, the original and iconic boat shoe brand. CAT footwear, apparel and work wear is sold in more than 150 countries worldwide and is the most recognisable industrial brand in the world.
In December 2013, RCG acquired both the Saucony wholesale and distribution businesses in Australia and New Zealand, and the Podium Sports retail business. The Saucony brand is synonymous with high performance running and walking footwear and apparel and has recently become the second largest brand by volume sold through the running speciality channel in the USA. In addition to Saucony, RCG has also acquired Podium Sports, a nine‐store chain that operates athletic footwear and apparel clearance stores in outlet malls and DFO’s.