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Cole Haan was founded in 1928 in Chicago with the intention of becoming a premium outlet for men’s footwear.
In 1975, the two founders sold to a group of partners headed by George Denney.
In 1979, Cole Haan entered the women’s footwear arena, having set the stage for their wildly successful men’s footwear lines.
The company introduced a collection of driving shoes targeted at European customers in 1996; this style had long been one of Cole Haan's bestsellers on the Continent, but the relaunch made the line more fashion forward, with new colors, longer-lasting materials, and softer leathers.
"Cole Haan Cuts Staff by 74, Prez Taylor Steps Down," in Footwear News, 6 April 1998.
Starting in 1998, several Nike executives began moving to the Cole Haan unit to help revitalize the brand.
Mullins, David Philip, "Stoking the Cole," in Footwear News, 8 November 1999.
In 2000, Cole Haan introduced an online store, which changed the way their customers could experience shopping for all of their favorite Cole Haan shoes and accessories, making a shopping experience possible twenty-four hours a day, seven days a week, with their website.
Upon launch, Cole Haan executives explained that they expected this new line to ultimately account for 15 percent of the division's volume, which stood at $200 million in 2000.
Nike sold Cole Haan to Apax Partners in 2012 for $570 million and moved its headquarters to Greenland, New Hamshire.
2013 when it was acquired by Apax Partners, a private-equity firm, from Nike Inc. in a $570 million cash deal.
Posted by Orthotics Direct on 2021 Jan 12th
"Cole Haan ." Contemporary Fashion. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/fashion/news-wires-white-papers-and-books/cole-haan
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Steve Madden | 1990 | $2.3B | 3,800 | 255 |
| Payless ShoeSource | 1956 | $3.0B | 18,000 | - |
| Allen Edmonds | 1922 | $130.0M | 616 | - |
| Vans | 1966 | $520.0M | 2,124 | 346 |
| VOLCOM | 1991 | $380.0M | 543 | - |
| GUESS | 1981 | $3.0B | 14,701 | 198 |
| STUSSY | 1980 | $40.0M | 50 | - |
| Kirkland's | 1966 | $468.7M | 7,300 | 752 |
| Shoe Sensation | 1984 | $370.0M | 3,000 | - |
| Wilsons Leather | 1899 | $310.0M | 2,998 | 25 |
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