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Stride Rite, formerly the Stride Rite Corporation and stylized in all lowercase, is an American children's footwear company. The company markets Stride Rite products globally through brand licensee Vida Shoes International. [1] History. Founding and early years.
Founded in 1919 as Green Shoe Manufacturing Company, the Stride Rite Corporation has become a major designer and manufacturer of shoes and casual footwear for both children and adults. Stride Rite markets its products under its own brand names: Stride Rite, Pro Keds, Keds , Sperry Top-Sider, Munchkin, Street Hot, and Grasshoppers.
The Stride Rite Corporation. 191 Spring Street. P.O. Box. Lexington, Massachusetts 02420-9191. U.S.A. Telephone: (617) 824-6000. Fax: (617) 824-6549. Web site: http://www.strideritecorp.com. Public Company. Incorporated: 1919 as Green Shoe Manufacturing Company. Employees: 2,300. Sales: $572.7 million (1999) Stock Exchanges: New York.
Stride Rite Corporation purchased Keds and Sperry Top-Sider from Uniroyal (formerly U.S. Rubber) in 1979 for $18 million. Keds has produced collaborative collections with companies including Kate Spade New York, Madewell, Opening Ceremony, Steven Alan and Alice + Olivia.
The Stride Rite Corporation provides apparel and shoe products. The Company markets children's shoes and other footwear products for boys, girls, baby, and kids. The Stride Rite extends...
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In the late 1980s, when Saucony became Hyde's dominant brand, the name of the company was officially changed from Hyde Athletic Industries to Saucony. In 2005, Saucony was acquired by Stride Rite Corporation for $170 million. Stride Rite was acquired in 2007 for $800 million by Payless ShoeSource.
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May 22, 2007 · May 22, 2007. SGB Update. Payless ShoeSource, Inc. has signed a definitive agreement to acquire The Stride Rite Corporation, which owns or licenses such key upscale brands as Stride Rite, Keds, Sperry Top-Sider, Tommy Hilfiger Footwear, Saucony and Robeez, for approximately $800 million plus the assumption of Stride Rite debt.
