Interviews
News Flash
Topeka-based Payless buys out Stride Rite
20 Aug '07
3 min read
Payless ShoeSource Inc announced that it has completed the acquisition of The Stride Rite Corporation and has officially changed its name to Collective Brands Inc.
"Collective Brands is built on the solid foundation of each business unit's individual core competencies, expertise and heritage," said Matthew E. Rubel, chief executive officer and president of Collective Brands Inc.
"The new company will reach an expanded customer base with iconic brands through its nearly 4,900-strong retail stores and vibrant wholesale, licensing, and e- commerce channels. It will benefit from new efficiencies and greater scale in all aspects of getting footwear and accessories to market."
Collective Brands is a global footwear, accessory and lifestyle brand company with leading, well-recognized brands, superior quality and on-trend footwear, and accessory products offered through multiple channels.
As one of the largest footwear companies in the western hemisphere, Collective Brands is organized with three highly complementary and separate business units with distinct missions in terms of their product offerings, distribution channels, brand portfolios, and target customer bases:
• Payless ShoeSource: democratizing fashion and design in footwear and accessories through its nearly 4,600 retail store chain.
Brands sold at Payless include Airwalk, American Eagle, Champion, Dexter, Tailwind, Disney, Shaquille O'Neal-endorsed Dunkman, ABT for Spotlights, and designer collections: Abaete for Payless, Lela Rose for Payless and alice + olivia for Payless.
"Collective Brands is built on the solid foundation of each business unit's individual core competencies, expertise and heritage," said Matthew E. Rubel, chief executive officer and president of Collective Brands Inc.
"The new company will reach an expanded customer base with iconic brands through its nearly 4,900-strong retail stores and vibrant wholesale, licensing, and e- commerce channels. It will benefit from new efficiencies and greater scale in all aspects of getting footwear and accessories to market."
Collective Brands is a global footwear, accessory and lifestyle brand company with leading, well-recognized brands, superior quality and on-trend footwear, and accessory products offered through multiple channels.
As one of the largest footwear companies in the western hemisphere, Collective Brands is organized with three highly complementary and separate business units with distinct missions in terms of their product offerings, distribution channels, brand portfolios, and target customer bases:
• Payless ShoeSource: democratizing fashion and design in footwear and accessories through its nearly 4,600 retail store chain.
Brands sold at Payless include Airwalk, American Eagle, Champion, Dexter, Tailwind, Disney, Shaquille O'Neal-endorsed Dunkman, ABT for Spotlights, and designer collections: Abaete for Payless, Lela Rose for Payless and alice + olivia for Payless.
Popular News
Leave your Comments
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
