Co-CEO's of shoe retailer Hype DC, Danny and Cindy Gilbert, have resigned from their positions effective immediately.

Danny Gilbert will remain on as a non-executive director with RCG, while co-CEO Daniel Agostinelli will be responsible for the Hype DC business.

RCG Corporation, which owns businesses such as The Athlete’s Foot, Platypus Shoes and Dr. Martens, thanked both Danny and Cindy for the roles they played in developing the business.

"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."

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