Founded in 1981, the company was taken over by the US-retailer Genesco Inc, Nashville/Tennesse, in 2001. It has more than 110 stores in UK and Ireland, and has an online presence in 28 countries throughout Europe. Its first high street store is located in Centro mall in Oberhausen, and will have a sales area of about 200sqm. Further stores in Germany are to follow. The shoe retailer stocks more than 80 labels, such as Converse, Vans, Ugg, Nike and Adidas, while its own brand Schuh targets young customers between 16 and 24 years.
The Osborne Clarke team that advised on the expansion was led by Partner Thomas Schnabel. He was assisted by Real Estate Associate Anneke Klütsch, Employment Partner Anke Freckmann, Employment Associate Sabine Wahl and Corporate Associates Annette Simon and Efthimios Detsikas.
Osborne Clarke is an expert adviser for several retailers, not only on the daily runnings of their businesses but also on projects such as expansion or builing up stores and online shops.