Hi-Tec

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Hi-Tec Sports
Company typeSubsidiary
IndustrySportswear and accessories
Founded1974
FounderFrank van Wezel
Headquarters
Amsterdam
,
Netherlands[1]
Area served
Worldwide
Key people
Frank van Wezel (Chairman)
Ed van Wezel(CEO)
ProductsSportswear, sports equipment
Revenue$250USD million
Number of employees
500
ParentCherokee Inc.
Websitewww.hi-tec.com

Hi-Tec Sports, trading as Hi-Tec,[2] is a privately held[3] producer and distributor of sportswear and accessories, headquartered in the Netherlands.[1]

File:Hi-Tec OX Chukka (32380854985).jpg
A Hi-Tec brand shoe

History

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Hi-Tec Sports was founded in 1974,[4] in Shoeburyness, Essex, England,[5] by Frank Van Wezel. The company moved its headquarters to Southend-on-Sea,[6] before relocating its head office to Amsterdam.

Hi-Tec Sports USA was started in Modesto, CA in 1978 by Duke and Kathy Jones. They developed the first lightweight hiking boot. This became the main success of Hi-Tec Sports USA. They also developed and named the "Magnum" boot. Duke and Kathy Jones sold Hi-Tec Sports USA to Frank Van Wezel in 1990.

In 1988, the company was floated on the London Stock Exchange.[3] Frank van Wezel bought the company back in 2000. It was privately held through 2013.[3]

Production was in China until 2005, when Hi-Tec acquired the Falcon shoe factory in Lewiston, Maine, enabling them to offer made-in-usa branded products and compete for US Federal government contracts.[7]

In 2013, Hi-Tec founder and chairman Frank van Wezel, was awarded an Honorary Degree of Doctor of Business Administration by Anglia Ruskin University.[8]

In 2016, it was acquired by Cherokee Inc., later known as Apex Global Brands.[9]

Awards

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In 2012, Hi-Tec's V-Lite Altitude Ultra Luxe boot received a Which? Best Buy Walking Boot award.[10]

Hi-Tec's ZUUK trainer shoe was awarded Footwear Product of the Year 2013 at The Great Outdoors Awards.[11]

The UK based Hi-Tec office was announced Sports Footwear Brand of the Year 2014[12] and Outdoor Footwear Company of the Year 2013 at the Footwear Industry Awards.[13]

References

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