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SNIPES sets the course for the future:

Dennis Schröder becomes the new CEO of SNIPES SE

Sven Voth will remain with the company as founder until the end of 2025

Cologne, January 12, 2024 (News Aktuell) .- Sven Voth is stepping down as CEO of SNIPES SE with immediate effect. Dennis Schröder, CEO of the company since April 2023, will take over from Voth and thus assume responsibility for the business of the internationally operating sneaker and urban clothing retailer. Sven Voth will remain with the company as founder and focus on expansion, wholesale, product trends and innovations, cooperations and the US business in a two-year transition before moving to an advisory role on January 1, 2026.

“As long-standing founder and CEO, Sven Voth has shaped SNIPES for more than 25 years and placed it in a unique strategic position. He has made SNIPES what it is today. I look forward to continuing the history of this great company in my new position,” said Schröder, who now chairs the Board of Directors. It was not until 2023 that SNIPES appointed three more CEOs: Dennis Schröder (current CEO), Peter Buse (COO) and Daniel Bontjer (CRO), together with Tim Spickenbom (CFO) and Sven Voth. «SNIPES is a company with a great philosophy, an unrivaled USP and employees eager to be "more than a retailer" and to help shape the future of SNIPES and its role in the global cosmos of urban culture. Without a doubt, this entails a lot of responsibility and a lot of work; "This situation does not scare me, because it is exactly what I have set out to do."

Sven Voth sold the majority shareholding in SNIPES SE to the DEICHMANN Group in 2011. After redeeming the last shares, Voth, who founded the company in Essen in 1998 and has built it over the years into a group worth billion euros with more than 750 stores in twelve countries, will play an advisory role from 2026. «SNIPES is my life's work and will always be a part of me. I am aware that the time has come to hand over the baton and Dennis Schröder already enjoys the recognition of all his colleagues in the company after a very short time. "He brings his experience in the retail and brand sectors, and is already significantly enriching the company with his knowledge and ideas in a very short time."

WE ARE SNIPES! Inspired by hip-hop, street basketball, urban dance and action sports, the opening of the first SNIPES store in 1998 laid the foundations for a movement that, to this day, unites young people of all the world. As specialized suppliers, SNIPES' online store and more than 750 physical stores in Europe and the US offer both the latest streetwear and sneakers and classic looks that never go out of style, from brands such as adidas, Jordan, Karl Kani, Nike, Reebok and Vans. SNIPES' own collections and its successful collaborations with other urban clothing brands, as well as the exclusive sneaker models, stand out especially among the product range. Furthermore, SNIPES is deeply rooted in global urban culture, collaborating closely with key figures in the scene and sponsoring talented athletes and creative artists.

Please contact us if you have any questions: SNIPES SE | Katharina Scharf | Senior Communications Manager                              Mobile: 49 173 636 0289                      Email: katharina.scharf@snipes.com