Payless (footwear retailer)
http://dbpedia.org/resource/Payless_(footwear_retailer) an entity of type: Thing
Payless ShoeSource es una tienda estadounidense de calzado de descuento fundada en Topeka, Kansas en 1956 por los hermanos Louis y Shaol Pozez y que hoy en día es propiedad de Collective Brands, Inc. En los años 80, Payless era muy conocida en Estados Unidos por su línea de zapatos deportivos con descuento Pro Wings, que usualmente tenían tiras de velcro en lugar de pasadores. En 1996, Payless ShoeSource se convirtió en una empresa de capital abierto independiente. El 17 de agosto de 2007, la compañía adquirió y cambió su nombre a Collective Brands, Inc. Collective Brands es cotizada en la bolsa de valores de Nueva York bajo el símbolo PSS. La compañía tuvo un total de facturación de $3.400 millones de dólares en 2011. El 1 de mayo de 2012 se anunció que la empresa sería comprada por ,
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Payless (formerly known as Payless ShoeSource Inc.) is an international discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation which merged with The May Department Stores Company in 1979. In the 1980s, Payless was widely known in the U.S. for its Pro Wings line of discount sneakers, which often had Velcro straps instead of laces. In 1996, Payless became an independent publicly held company. In 2004, Payless announced it would exit the Parade chain and would close 100 Payless Shoe outlets. On August 17, 2007, the company acquired the Stride Rite Corporation and changed its name to Collective Brands, Inc. The company h
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Payless ShoeSource
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Payless (footwear retailer)
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Payless
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Payless
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2176734
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30
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2006-04-25
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Relaunched in August 2020
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All North and South American stores liquidated in 2019 Chapter 11 bankruptcy
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Payless ShoeSource Inc.
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Louis and Shaol Pozez
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Shoes, socks, accessories
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Jared Margolis
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File:Payless Logo.png
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149800000
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USD
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−
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18000
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Axar Capital Management
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Former: Blum Capital
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3000000000
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USD
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Payless ShoeSource es una tienda estadounidense de calzado de descuento fundada en Topeka, Kansas en 1956 por los hermanos Louis y Shaol Pozez y que hoy en día es propiedad de Collective Brands, Inc. En los años 80, Payless era muy conocida en Estados Unidos por su línea de zapatos deportivos con descuento Pro Wings, que usualmente tenían tiras de velcro en lugar de pasadores. En 1996, Payless ShoeSource se convirtió en una empresa de capital abierto independiente. El 17 de agosto de 2007, la compañía adquirió y cambió su nombre a Collective Brands, Inc. Collective Brands es cotizada en la bolsa de valores de Nueva York bajo el símbolo PSS. La compañía tuvo un total de facturación de $3.400 millones de dólares en 2011. El 1 de mayo de 2012 se anunció que la empresa sería comprada por , y por $1.320 millones de dólares.
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Payless (formerly known as Payless ShoeSource Inc.) is an international discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation which merged with The May Department Stores Company in 1979. In the 1980s, Payless was widely known in the U.S. for its Pro Wings line of discount sneakers, which often had Velcro straps instead of laces. In 1996, Payless became an independent publicly held company. In 2004, Payless announced it would exit the Parade chain and would close 100 Payless Shoe outlets. On August 17, 2007, the company acquired the Stride Rite Corporation and changed its name to Collective Brands, Inc. The company had a total revenue for 2011 of US$ 3.4 billion. The company also has a stunt premium banner, Palessi Shoes. Payless is currently owned by a group of investors led by Alden Global Capital and Axar Capital Management. It was announced on May 1, 2012, that the company would be purchased by Wolverine World Wide, Blum Capital, and Golden Gate Capital for US$1.32 billion. On December 13, 2016 it was reported that all Payless shoe stores were to be closed in Australia with the loss of 730 jobs. On July 14, 2014, Authentic Brands Group acquired some assets from Payless's division Collective Licensing International, LLC, which included brands such as Airwalk, Hind sports clothing, Vision Street Wear, and Above The Rim. In 2019, North American stores including their e-commerce platform filed for bankruptcy. The filing excluded stores outside of North America, which will continue to operate. Payless emerged from bankruptcy on January 16, 2020, and on August 18, 2020, Payless officially dropped 'ShoeSource' from its name, and launched its ecommerce website.
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22694
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Relaunched in August 2020
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All North and South American stores liquidated in 2019Chapter 11 bankruptcy
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Payless ShoeSource Inc.
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1956
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1.498E8
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18000
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3500
