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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.
In the 1960s, Converse had captured about 70 to 80 percent of the basketball shoe market, with Converse Chuck Taylor All Stars being worn by ninety percent of professional and college basketball players. Due in large part to the sale of its All Stars, the company began to expand and open more factories.
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Elisha Slade Converse, the third son of Elisha and Betsey (Wheaton) Converse, was born in Needham, Massachusetts, on July 28, 1820. [8] [9] When he was four years old, his parents moved to Woodstock, Connecticut . Spending his childhood there, he acquired professional and basic educational skills and, at thirteen years of age, began to work on ...
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That Depression-era law prohibits suppliers from providing deeper discounts to large chains than to smaller stores. In other words, discounts to big-box chains must be available to mom-and-pop ...
In 1991, LJO Inc. acquired the brand. Despite the split and selling of both companies, Converse kept the rights of the Jack Purcell line of shoes from the PF Flyers acquisition. Rebranded with the Converse name, Jack Purcell sneakers are still produced today. In 2001, New Balance purchased PF Flyers and re-launched the brand in 2003.
4 Charts That Make AMD Stock a Buy. James Brumley, The Motley Fool. June 29, 2024 at 3:40 AM. Kudos to Advanced Micro Devices(NASDAQ: AMD) for remaining competitive with technology rivals Intel ...
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