The Munro Family stays largely out of the spotlight however a number of large acquisitions in the past few years has garnered it some attention from the media.
Those three acquisitions have been in the footwear market and has grown the company to a size which makes it suitable for a public listing. These acquisitions have totalled of 3 billion dollars and has been closed in the past four years. The family now own one of the largest fashion footwear businesses in Australia.
One of the four companies that the Munro Family purchased is online only footwear retailer Styletread, who they purchased off the founders Mark Rowland and Bjorn Behrendt in 2013. This purchase has given it one of the most popular online shoe retailers in Australia. Styletread has strong sales and specialised online marketing skills. For a Styletread discount code, see here.
The Munro Family now own over a dozen shoe brands and will be looking to grow the business and each of the brands further. It’s initial plan is to return one of it’s acquisitions, Wanted Shoes, back to profitability.