LISTED sportswear group RCG Corporation has paid $8.9 million for the
Australian and New Zealand distribution business of running shoe brand Saucony,
as well as nine-store retail chain Podium Sports.
The company, which owns the franchise rights to sports footwear chain The Athlete’s
Foot, has also secured a new five-year exclusive distribution licence over the Saucony
brand from parent company Wolverine Worldwide.