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      • Multibillionaire investor Warren Buffett said Thursday his company, Berkshire Hathaway Inc., will buy Dexter Shoe Co. for about $420.5 million worth of Berkshire stock.
      buffalonews.com › news › berkshire-hathaway-buying-dexter-shoe-co
  1. Jan 18, 2020 · Warren Buffett's "most gruesome mistake" was buying Dexter Shoe in 1993, a Maine shoemaker that soon collapsed under pressure from cheap foreign imports. The famed investor paid for Dexter...

    • Thomas Greaney And Finanzen.Net
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  3. Jan 29, 2024 · The failure of Dexter Shoe not only resulted in a financial loss for Berkshire Hathaway but also had significant impacts on the local community.

    • Jeannine Mancini
  4. In 1956, Alfond left, purchased an old woolen mill in Dexter, Maine, and founded Dexter Shoe Company. There, he produced shoes for the private label catalog market, supplying stores such as Sears, JC Penney, Spiegel, and Montgomery Ward & Co.

  5. Jul 7, 2020 · Warren Buffett’s “most gruesome mistake” was buying Dexter Shoe in 1993. The Maine shoemaker quickly became worthless; the Berkshire Hathaway shares he swapped for it are worth about US$8.7 ...

  6. Jan 17, 2020 · Warren Buffett's "most gruesome mistake" was buying Dexter Shoe in 1993, a Maine shoemaker that soon collapsed under pressure from cheap foreign imports. The famed investor paid for...

  7. In this episode, Warren Buffett was asked is there any hope for Dexter, or if it’s going down the same path as with textiles? Video Transcript: https://www.yapss.com/post/collection...

    • 6 min
    • 550
    • YAPSS Archive
  8. Jun 13, 2017 · Two decades after Dexter Shoe closed, $325 hand-sewn penny loafers may hold the key to keeping the craft alive in Maine—and U.S. jobs onshore.

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