Danny Gilbert and Cindy Gilbert have resigned as co‐CEOs of sportswear retailer Hype DC effective immediately.

Part of RCG Corporation, who owns and operates brands including The Athlete’s Foot, Platypus Shoes and Dr. Martens, confirmed the announcement today.

Danny Gilbert will remain as a non-executive director of RCG.

“The board wishes to thank Danny and Cindy for the instrumental role they played in building Hype DC and leading its integration into the RCG group since it was acquired in August 2016,” said a company statement to shareholders.

RCG’s Co‐CEO Daniel Agostinelli will be responsible for the Hype DC business.

Inside Retail has contacted RCG for comment on the sudden departures of the co-CEOs.