Home / Knowledge / News / Fashion / Collective Brands creates new identity for Stride Rite
Collective Brands creates new identity for Stride Rite
25
Sep '09
Collective Brands Inc announced that The Stride Rite Corporation will now be doing business as Collective Brands Performance + Lifestyle Group -- a move to better reflect and communicate the broad range of premium and iconic performance and lifestyle brands in the company, as well as its new, strengthened business model.

"We believe this new name elevates the strength and diversity of our brand portfolio, while also representing our role in Collective Brands," said Gregg Ribatt, CEO of Collective Brands Performance + Lifestyle Group. "The new name best describes what brings us together -- a collection of fiercely independent performance and lifestyle brands with unique personalities and strong marketplace positions, each focused on distinct and targeted customer groups. As well, as a result of being part of Collective Brands, we have a renewed and strengthened business model leveraging powerful infrastructure designed to platform our brands and businesses for maximum success in the global marketplace."

Collective Brands Performance + Lifestyle Group includes Sperry Top-Sider, Saucony, Keds and the Stride Rite Children's Group with its brands Stride Rite, Robeez, Keds Kids, Saucony Kids and Sperry Top-Sider Kids, among others, which are sold through Stride Rite retail stores and wholesale partners. There is no change to the time-honored Stride Rite children's footwear brand or the Stride Rite Children's Group as part of this move. Collective Brands Performance + Lifestyle Group continues to be headquartered in Lexington, Mass., a suburb of Boston.

The new and strengthened business model of Collective Brands Performance + Lifestyle Group has been evolving over the past few years, resulting from the 2007 acquisition of The Stride Rite Corporation and formation of Collective Brands, Inc., which supports all its businesses through Centers of Excellence teams -- shared infrastructure in such key functional areas as Global Sourcing and Supply Chain, Finance, Strategy, Store Development, Information Technology, Legal and Human Resources. The Collective Brands Performance + Lifestyle Group leverages this strategic support from its parent company to ensure each brand's leadership position and to seize international growth opportunities, a key strategic initiative.

"The Collective Brands business model enables our brands to operate adroitly and autonomously against their own strategic plans toward specific consumer segments and markets. We then bring the power of Collective Brands' infrastructure and Centers of Excellence to bear in platforming these brands with best-in-class capabilities," said Matthew E. Rubel, Chairman, CEO, and President of Collective Brands, Inc. "This move to create a new identity for The Stride Rite Corporation by doing business under the name Collective Brands Performance + Lifestyle Group is designed to amplify and unleash the important individual brands that collectively make up this vital part of our company, while connecting them to an organization with extensive global reach."

Collective Brands Performance + Lifestyle Group is a leading provider of iconic performance and lifestyle brands, each with unique personalities and strong marketplace positions focused on distinct and targeted consumer segments.

Collective Brands Inc


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search