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Converse (/ ˈ k ɒ n v ər s /) is an American lifestyle brand that markets, distributes, and licenses footwear, apparel, and accessories.Founded by Marquis Mills Converse in 1908 as the Converse Rubber Shoe Company in Malden, Massachusetts, it has been acquired by several companies before becoming a subsidiary of Nike, Inc. in 2003.
Nike acquired Converse in 2003 for an estimated $305 million and continues to market Chuck Taylor All Stars. [16] Converse's manufacturing operations for Chuck Taylor All Stars, as well as the company's other shoes, was moved from the United States to other countries such as China, India, Vietnam and Indonesia. [5]
Theo Baloyi is a South African entrepreneur, and the founder and chief executive officer of Bathu Shoes. [1] He launched his eponymous shoe brand in 2015, having previously served as a Senior Associate at PwC in Dubai. [2] [3] He was featured in the Forbes 30 Under 30 list in 2019. [4] [5] In 2021, he won GQ's Business Leader of the Year. [6] [7]
The cholo subculture is known for its customized Converse All Stars. [17] Sneakers in South Africa, known as "takkies", have become status symbols. They grew into a "bubblehead" subculture that favors Nike bubble-soled trainers, such as the Nike Air Max line. [18]
Several terms for sneakers exist in South Africa, including gym shoes, sports shoes and takkies. [8] Other names for sneakers includes rubber shoes in Philippine English , track shoes in Singapore English , canvas shoes in Nigerian English , [ dubious – discuss ] camboo ("camp boot") in Ghana English, and sportex in Greece.
Symphony brought in former partner Infinity Associates, who together purchased Converse from bankruptcy in 2001 and Haggar Clothing in 2005. [7] Jim Stroesser, who was the key partner in rebuilding Converse, was asked to be the CEO/President of PONY in 2006. Stroesser's team relocated Pony from Santa Barbara, California, to downtown San Diego.
DVS Shoes is an American footwear and clothing company that specialises in products for skateboarding, moto, bmx, ... South America [6] and Dallas, US [7] ...
In 2009, Moody's included Quiksilver on its Bottom Rung list of companies most likely to default on its debt. [8] As of 2013, Quiksilver operated 834 [9] stand-alone stores in major cities across Australia, New Zealand, and the Pacific, Europe, North and South America, Asia, and Africa]. At that time, the two types of Quiksilver-operated stores ...