Lotto Sport
Sportswear
Best known for its sneakers, the company also offers sportswear and other apparel. Products available in over 110 countries. Acquired by WHP Global in 2022.

Overall

Owned USA
Rating F
About the Ratings

Company Ownership

Lotto Sport Italia SpA
ITA
WHP Global
owns 100% of Lotto Sport Italia SpA
USA
Investment firm
Founded in 2019 by retail industry veteran Yehuda Shmidman in partnership with funds managed by Oaktree Capital Management, acquires global consumer brands such as Anne Klein, Toys R Us, Lotto and G-Star Raw.

Company Assessment

Lotto Sport Italia SpA
Criticism
Rank a Brand searches the websites of brands for the answers to carefully targeted questions. From this they calculate sustainability scores based on the themes of environment, climate, labor issues, and transparency. Brands owned by this company received an 'E', the lowest possible score.
Brands owned by this company are on RankaBrand's Greenwashing Alert list. These are companies that report in some way on sustainability, but the information they provide is either of marginal or no relevance and is not explicit about sustainability performance.
Information
This company was one of 5 to receive the total score of 'bad' in Stop Child Labour's 2013 report 'Working on the Right Shoes', which rates 28 shoe companies on their efforts to eliminate child labour from their supply chain.
This company has corporate social responsibility claims on its website including a code of conduct.
WHP Global
Criticism
WHP is backed by a $350 million equity commitment from funds managed by Oaktree Capital, with a leverage facility provided to WHP by funds and accounts managed by BlackRock. BlackRock has several criticisms and an overall Shop Ethical rating of 'F'. Oaktree Capital is involved with gambling.

Company Details

Type:
Private company
Founded:
1973
Revenue:
79 million EUR (2018)

Contact Details

Address:
Treviso, Italy
Website:
www.lotto.it

Products / Brands

Lotto Sport
Lotto Sportswear
Lotto Sports Shoes