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.
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
(Last updated Jan 2021)
Praise
Criticism
Information
Lotto Sport Italia SpA
Praise
Criticism
Information
'E' rating at rankabrand.org
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.
Source: Rank a Brand
(2015)
Greenwashing
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.
Source: Rank a Brand
(2014)
Child labour
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.
Source: Stop Child Labour
(2013)
CSR claims
This company has corporate social responsibility claims on its website including a code of conduct.
Source: company website
(2021)
WHP Global
Praise
Criticism
Information
Backed by Oaktree and BlackRock, who have criticisms
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.
Source: Shop Ethical
(2021)
Company Details
Type:
Private company
Founded:
1973
Revenue:
79 million EUR
(2018)
Contact Details
Products / Brands
Lotto Sport
Lotto
Sportswear
Lotto
Sports Shoes