Acquisition · Commerce & Consumer Brands

Mirza International acquires Solethreads

By Startup Enthusiast · 2 April 2026

What they do

Solethreads makes casual footwear for young consumers, starting with flip-flops and later sneakers

Mirza International, owner of RedTape and Oaktrak, has acquired Solethreads; the deal size was not disclosed

The deal gives Solethreads access to Mirza's manufacturing and distribution network, continuing a trend of legacy firms buying digital-first brands

Mirza International has acquired Solethreads, a digital-first casual footwear brand.
The deal size has not been disclosed.
Founder Sumant Kakaria announced the acquisition on LinkedIn and will step down as CEO.
Tauseef Mirza, managing director of Mirza International, became a director and promoter at Solethreads' parent company Summersalt Lifestyle in December 2025.
Solethreads will gain access to Mirza International's manufacturing and distribution network.
This acquisition follows a trend of traditional companies buying digital-first brands to reach younger consumers.

Traditional footwear company Mirza International wants to tap into younger consumers through Solethreads' digital-first approach.
Solethreads gets manufacturing and distribution muscle from Mirza's legacy infrastructure.
Similar deals include Aditya Birla Fashion and Retail acquiring Bewakoof and Styched buying Flatheads.

Solethreads is a D2C (direct-to-consumer) footwear brand focused on casual footwear for young consumers.
It started with flip-flops, which became its best-selling product, and later added sneakers.
The brand is design-led and priced affordably compared to global labels.
It began as a digital-first brand and later expanded into offline retail.

Solethreads will leverage Mirza International's manufacturing and distribution network to scale operations.