Drip Footwear Founder Lekau Sehoana Set To Step Down As The Start-Up’s CEO
Drip Footwear Founder Lekau Sehoana Set To Step Down As The Start-Up’s CEO. Over the past few weeks Drip Footwear founder Lekau Sehoana has been making a series of cryptic announcements regarding what the company is planning to do next in terms of its management structures. He recently took to Twitter to announce that he is the ‘outgoing CEO’ of the brand and he also mentioned that he is going to miss Drip.
The post read, “The Outgoing CEO, the Creative director, the Product Designer, Head of Operations and Executive Assistant. What we did today will be a Blueprint for Local Brands. What a way to go international. @nomoozlie” In another post on Twitter he also said, “going to miss Drip… Growth is a blessing though.” and when a supporter asked him if he is selling the brand he said, “Not selling, but shares were transferred.”
Last year the brand announced a lot of partnerships with other local brand and celebrities, one partnership that stood out was the ‘Legacy Deal’ partnership with Cassper Nyovest where Drip Footwear collaborated with Family Tree to create a subsidiary brand of The Drip Group which is ‘Root Of Fame’. This subsidiary will be releasing its own set of products as it already started with the ‘#990’ sneakers.
Lekau Sehoana hasn’t explicitly announced this but he could be setting himself up to take over as the Chairman of The Drip Group which is a parent company for the ‘Drip Footwear’ brand and for the ‘Root Of Fame’ brand. This is according to his bio on Instagram where he mentions that he is the founder and group chairman of The Drip Group. With all of this Sehoana is hinting that the company is going through a lot of changes that are going to be fully revelead soon and that it is expanding to become a big international corporation.
