WESTLAKE VILLAGE, Calif., May 10 /PRNewswire-FirstCall/ -- Iconic footwear and sportswear brand K-Swiss Inc. (Nasdaq: KSWS) is proud to announce the addition of Gael Monfils, the second highest ranked French tennis player and current ATP Tour World No. 18, to its tennis roster.

K-Swiss Inc. (NASDAQ: KSWS) today announced the company has signed a definitive agreement to purchase 57% of the equity interests of Palladium SAS from its stockholders for a total purchase price of approximately 5.3 million Euros in cash (including a loan of 3.6 million Euros).