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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.
This page was last edited on 4 July 2023, at 05:07 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike License 4.0; additional terms may apply ...
The Oregon-based shoe company said in December it would lay off 2% of its workforce over three years. Converse layoffs are the latest casualties of Nike’s $2 billion do-or-die plan to get back ...
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The Shoe Company store in Thornhill, Ontario. The Shoe Company is a Canadian shoe store, originating in Greater Toronto Area in 1992. From its inception, The Shoe Company was operated by conglomerate Town Shoes. The founder of Town Shoes, Leonard Simpson, had predicted a growth opportunity for footwear to be sold in a big box format. Acquisition
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.
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