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Foot Locker announced the election of Tristan Walker, founder of Walker&Co. and Bevel, to its Board of Directors, effective February 2, 2020. Walker took to his twitter to express his excitement about his new position. “Some news! This day is one of the most exciting of my career as it was announced that I was elected to the Foot Locker, Inc. Board of Directors, starting Feb 2, 2020.” He went on to say, “I’m beyond excited about this opportunity. I LOVE Foot Locker, Inc’s portfolio of brands (Foot Locker, Lady Foot Locker, Footaction, Champs, Eastbay, and others) and its mission to empower and inspire youth culture. The company and its brands are so iconic and have had such a profound impact in my life. Many thanks to the wonderful board and CEO, Dick Johnson for this opportunity. This is so amazing.” Walker took Silicon Valley by storm with his success as the head of business development at Foursquare during 2009 -2012 where he landed 300 merchant partnerships with brands like...
Procter and Gamble has acquired black-owned beauty and grooming startup Walker & Company Brands. Walker & Company Brands gained popularity after releasing beauty products tailored to people of color and the newest acquisition from Procter and Gamble could reflect a desire for the company to bring more inclusive brands and products into the fold. Walker & Company Brands currently makes Bevel, a grooming product geared toward men of color and FORM, a haircare line for women of color. “When I started Walker & Company Brands, I set out to build a company that would meet the health and beauty needs of people of color on a global scale,” Walker & Company Brands CEO Tristan Walker said. “Having access to P&G’s outstanding technology, capabilities and expertise helps us to further realize that vision. According to reports, Proctor and Gamble could have paid anywhere between $20 million and $40 million for the company. Here’s more from Recode’s Jason Del Ray. The companies did not disclose...