Flojos

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Flojos - overview

Established

1979

Location

Irvine, CA-California, US

Primary Industry

Consumer Products

About

Flojos specializes in crafting comfortable and stylish sandals for all ages, focusing on innovative designs that prioritize foot health and versatility for casual outdoor activities. Founded in 1979 and based in Irvine, California, Flojos designs and manufactures sandals aimed at providing comfort and style. The company was acquired by Courtney Group in January 2017, though financial terms were not disclosed. Flojos Sandals specializes in the design and manufacture of comfortable and stylish sandals tailored for men, women, and children.


The company's core product offerings include a range of sandals featuring built-in gel for added comfort, arch support for foot health, cushioned footbeds for enhanced wearability, and water-friendly materials for versatile use. These products are designed to address the needs of consumers seeking comfortable footwear for casual and outdoor activities. Flojos targets a diverse customer base, including families looking for matching 'Mom and Me' or 'Dad and Me' sandal options, as well as individuals seeking stylish footwear for everyday wear. The company markets its products primarily in North America and select international markets, ensuring accessibility to a broad audience of sandal enthusiasts.


Flojos Sandals generates revenue through direct-to-consumer sales via its e-commerce platform, as well as partnerships with retailers and wholesalers. The company's transaction structure primarily revolves around individual sales of its flagship products, which include its popular men's, women's, and children's sandals. Pricing for these sandals varies by style, with offerings such as the Alto Men's Sandal and Wilder Women's Sandal priced accordingly to appeal to different segments of the market. Revenue flows from both single purchases and potentially repeat customers who engage with promotional campaigns, such as the 'Worn Wednesdays' initiative that encourages customer interaction and loyalty.


This structured approach allows Flojos to maintain a steady revenue stream while fostering community engagement. Flojos plans to introduce new sandal designs targeting families and active lifestyle consumers, with anticipated launches in the coming year. The company is looking to expand its reach in international markets, particularly in Europe and Asia, by 2025. The recent acquisition by Courtney Group is expected to provide the necessary resources to support these growth initiatives.


Current Investors

The Courtney Group

Primary Industry

Consumer Products

Sub Industries

Footwear

Website

www.flojos.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Flojos - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedFlojos-

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Flojos - employee data

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