“I’m confident this move will bring even more value and opportunity for our customers and our people, while still delivering the great partnership and collaboration we’ve taken pride in over the years,” said Glenn Barrett, founder and CEO of OrthoLite. “After 28 years leading the way in premium insoles, I look forward to this next era of growth with Coats.”

To better reflect its increased scale and expanded footwear capabilities, Coats will also move from a three-division organizational structure, previously Apparel, Footwear and Performance Materials, toward a simplified two‑division structure focused on Apparel and Footwear. Existing Performance Materials businesses will be folded into the two new divisions.

The divisions will be led by Pasquale Abruzzese, Footwear CEO and Group COO, and Adrian Elliott, Apparel CEO and Group chief commercial officer. Glenn Barrett will continue to lead the OrthoLite business. External reporting will transition to this structure for the financial year ending December 2026.