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Stride Rite Corporation purchased the Sperry Top-Sider and Keds brand names from Uniroyal in 1979. During 2005, Stride Rite completed its acquisition of Saucony. In 2006, Stride Rite purchased footwear brand Robeez. Payless purchased many of these companies during the 2000s, and on August 16, 2007, the company changed its name to Collective ...
Stride Rite was founded in Boston, Massachusetts, in 1919, as the Green Shoe Manufacturing Company (“Green Shoe”) by Thomas LaLonde ,Jacob A. Slosberg and Philip Green. After founding the company, Thomas LaLonde, who owned the name Stride Rite, and Philip Green sold his interest to Slosberg twelve years later and Slosberg's sons Samuel and ...
In 1979 the Stride Rite Corporation purchased both Sperry and Keds from US Rubber. [5] In 2007, Payless ShoeSource acquired Sperry Top-Sider as part of a multi-brand acquisition. The company was purchased, along with the other brands from Payless's Collective Brands Performance and Lifestyle Group portfolio, in 2012 by Wolverine World Wide and ...
In the same year Wolverine World Wide converted Stride Rite to a licensed brand operated by New York City-based Vida Shoes International. [13] The company is based out of corporate offices in Rockford, Michigan and Waltham, Massachusetts. Wolverine World Wide also operates three distribution centers in the United States, one in Canada and one ...
In 2012, Collective Brands' Performance Lifestyle Group, which included Saucony, along with Keds, Stride Rite and Sperry Top-Sider, became part of Wolverine World Wide in a $1.23 billion transaction that also involved the sale of Payless ShoeSource and Collective Licensing International to private equity firms Blum Capital Partners and Golden ...
Elsey began working in the shoe industry as a teenager, initially at a local branch of GallenKamp Shoes in Fredericksburg, Virginia.Not long after graduating from Stafford Senior High School in 1983, he started working for Stride Rite, and where he became a regional vice president at the age of 25.
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