0001144204-10-022705.txt : 20100428 0001144204-10-022705.hdr.sgml : 20100428 20100428164018 ACCESSION NUMBER: 0001144204-10-022705 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100428 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100428 DATE AS OF CHANGE: 20100428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEYCO GROUP INC CENTRAL INDEX KEY: 0000106532 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-APPAREL, PIECE GOODS & NOTIONS [5130] IRS NUMBER: 390702200 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-09068 FILM NUMBER: 10777394 BUSINESS ADDRESS: STREET 1: 333 W ESTABROOK BOULEVARD CITY: GLENDALE STATE: WI ZIP: 43312 BUSINESS PHONE: 4149081600 MAIL ADDRESS: STREET 1: 333 W ESTABROOK BOULEVARD CITY: GLENDALE STATE: WI ZIP: 43312 FORMER COMPANY: FORMER CONFORMED NAME: WEYENBERG SHOE MANUFACTURING CO DATE OF NAME CHANGE: 19900514 8-K 1 v182605_8k.htm


UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):	April 28, 2010
WEYCO GROUP, INC.
(Exact name of registrant as specified in its charter)

Wisconsin	0-9068	39-0702200
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

333 W. Estabrook Blvd. P. O. Box 1188 Milwaukee, WI		53201
(Address of principal executive offices)		(Zip Code)
Registrant’s telephone number, including area code 414-908-1600

(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

Item 8.01

Other Events

On April 28, 2010, Weyco Group, Inc. acquired certain assets, including the Umi brand name, intellectual property and accounts receivable, from Umi, LLC, a children’s footwear company, for an aggregate price of approximately $2,500,000. Following the transaction, Umi, LLC and its subsidiaries will cease using the Umi name. As part of the transaction, Weyco Group, Inc. has hired Mark Kohlenberg, the founder of the Umi brand, as President, Umi Brand. Weyco Group, Inc. issued a press release announcing this acquisition on April 28, 2010. A copy of this press release is attached as Exhibit 99.1 to this Form 8-K.

Item 9.01	Financial Statements and Exhibits

(d)	Exhibits

99.1	Press release issued by the registrant on April 28, 2010.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 28, 2010	WEYCO GROUP, INC.




		/s/ John Wittkowske
		John Wittkowske
		Senior Vice President/CFO

Exhibit Index

99.1 Press release, dated April 28, 2010

EX-99.1 2 v182605_ex99-1.htm

WEYCO ACQUIRES UMI BRAND

(Milwaukee, Wisconsin---April 28, 2010) Weyco Group, Inc. (NASDAQ:WEYS) today announced that it has acquired the Umi brand, a children’s footwear line, from Umi, LLC.

The Umi brand was started in 2004 by Mark Kohlenberg who previously ran the Elefanten USA children’s footwear business for 14 years. The Umi brand offers customers European inspired design, high quality materials and unique styling at an attainable price point.

“We are excited to announce the addition of Umi to the Weyco portfolio of brands,” stated Tom Florsheim, Chairman and CEO of Weyco Group, Inc. “We are also very pleased that Mark Kohlenberg will be joining Weyco as President of the Umi Brand and believe Mark’s stewardship supported by Weyco’s infrastructure should provide significant opportunities to grow the Umi brand in the marketplace.”

“This is a great moment for the Umi brand of children’s footwear,” said Mark Kohlenberg. “Weyco’s scale, reputation and international presence provide significant upside for future growth of Umi. Positioning Umi in the portfolio of Weyco brands opens new doors for Umi while providing a great opportunity to work with Weyco’s sales force and distribution operations.”

About Weyco Group:

Weyco Group, Inc., designs and markets moderately priced and better-grade men’s branded footwear for casual, fashion, and dress lifestyles. The principal brands of shoes sold by the Company are Florsheim, Nunn Bush, and Stacy Adams. The Company’s products are sold to shoe specialty stores, department stores and clothing retailers. Weyco Group, Inc. operates wholesale and retail businesses in the United States, Canada, Europe, Australia, South Africa and the Far East. For more information, see the Company’s website at www.weycogroup.com.

About Umi:

More information about the Umi brand is available at www.umishoes.com.

For more information, contact:

John Florsheim

President and Chief Operating Officer, Weyco Group, Inc.

414-908-1889