Feetz Announces a Strategic Partnership with DSW Inc. to Bring Custom Fit 3D Printed Shoes to the Masses
08 Jun, 2016, 11:00 BST
SAN DIEGO, June 8, 2016 /PRNewswire/ -- Feetz, the first company to use 3D printing technology to make custom fit, sustainably made shoes for every pair of feet, announced today that it has entered into a strategic partnership with leading footwear retailer DSW Inc. (NYSE: DSW). Together the two companies plan to use Feetz' technology and DSW Inc.'s considerable retail footprint and customer base to bring affordable custom fit, sustainably made shoes to consumers.
As part of this relationship, DSW Inc. led Feetz's Series A funding which also included participation from existing investors Khosla Ventures and The Jump Fund. Erin Kelly, Senior Director of Innovation at DSW, Inc will join Uli Becker previously CEO of Reebok and Vijit Sabnis of Khosla Ventures on the Feetz board.
"DSW is excited at the possibility of bringing Feetz's innovative technology to our customers. The Feetz model will allow our customers to purchase true custom fit shoes at a fraction of what traditional bespoke shoes cost. We believe that giving customers the ability to purchase on-demand, affordable, custom fit shoes has the potential to disrupt the footwear market as we know it today," said Simon Nankervis Chief Commercial Officer of DSW Inc.
"We've been amazed with the demand and the positive feedback we've received from our early Feetz customers. We've been perfecting and protecting our technology for the last 18 months so every customer gets what they deserve - a shoe that fits. Our new 3D printing manufacturing facility in San Diego, the first of its kind, will fulfill thousands of orders per month. DSW's impressive reach and customer centricity makes them the perfect partner for Feetz," said Lucy Beard, Founder and CEO of Feetz.
About Feetz
Feetz is transforming the way people buy — and wear — shoes by using 3D printing technology to create shoes that truly fit your feet. No more breaking in, just stylish, comfortable, custom fit shoes made sustainably in the USA. For more information, visit http://feetz.com/
About DSW Inc.
DSW Inc. is a leading branded footwear and accessories retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear and accessories for women, men and kids. As of June 6, 2016, DSW operates 481 stores in 42 states, the District of Columbia and Puerto Rico, and operates an e-commerce site, http://www.dsw.com, and a mobile website http://m.dsw.com. DSW also supplies footwear to 385 locations in the United States under the Affiliated Business Group. For store locations and additional information about DSW, visit http://www.dswinc.com.
Press Contacts
For more information about Feetz please contact info@feetz.com
For more information about DSW Inc please contact investorrelations@dswinc.com
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SOURCE Feetz