In news reported by Sneaker Freaker Stockholm-based Sneakersnstuff sneaker retailer has been saved from bankruptcy, with investment firm Reziprok Ventures stepping in to secure its future. Co-founder Erik Manzano Fagerlind returns as CEO, promising a renewed focus on culture, community, and creative exchange.
Plans include the reopening of the Stockholm store, and an NYC comeback. A press statement by Fagerlind says, “SNS will continue to be a hub not only for sneaker lovers, but for all sub-cultures sneakers are a part of, promoting inclusivity, creativity and innovative ideas. We’re thrilled to bring back community-driven events and further enhance our connection with the community in every city we touch.SNS has always been more than a sneaker store, it’s a cultural melting pot.”
It was reported in January 2025 by Nordic media site Ehandel that SneakersNStuff had filed for bankruptcy after closing all its doors in the U.S.