StreetTrend LLC Acquires The Luxury Italian Sneaker Brand P448 In A Joint Venture Deal

StreetTrend LLC Acquires The Luxury Italian Sneaker Brand P448 In A Joint Venture Deal 

US-based footwear holding company StreetTrend LLC, and Italian based Investment firm Panda srl., announced a few days ago the acquisition of a majority interest in the luxury Italian sneaker and footwear brand P448. 

Leadership at the two firms, Wayne Kulkin – Chairman at StreetTrend LLC, and Paolo Griffo, CEO at Panda srl. indicated that the private transaction was completed as a joint venture agreement to purchase all P448 creative design, manufacturing operations and brand assets at the Forli, Italy based company.  The original founders of the P448 business, Marco Simone and Andrea Curtis, will remain with the company and maintain an equity stake in the business which they launched in 2014 with a mission to design, manufacture and market a line of luxury fashion sneakers and footwear around the world.    

StreetTrend is currently designing, distributing and selling several footwear brands including P448 luxury sneakers, PS821 Limited Edition Sneakers; and Meline at Neiman Marcus, Bloomingdales, Nordstrom and other retailers and online at www.SneakerGPS.com or www.P448shoes.com