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Thread: Allen Edmonds Acquired by Famous Footwear's Parent Company

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    Member pixelpusher's Avatar
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    Allen Edmonds Acquired by Famous Footwear's Parent Company

    https://www.biztimes.com/2016/12/13/...r-255-million/

    As with most acquisitions, only time will tell if this is good or bad news for Allen Edmonds.

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    Hmmmmm, does this tend to mean prices will rise/fall or quality standards?

    What has happened in previous examples of this happening?

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    Quote Originally Posted by SWong37 View Post
    Hmmmmm, does this tend to mean prices will rise/fall or quality standards?

    What has happened in previous examples of this happening?
    Look up Nettleton, Florsheim, Hanover, Bostonian, Cole Haan and Johnston and Murphy. Great American brands that exist in name only (except for Hanover which no longer exists). There is only one logical outcome when a company like Calares purchases a company like AE.
    You can never have enough shoes

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    ^ Agreed. There are too many good European brands (Meermin, Carmina, JFitzpatrick) around the same price range who I can trust to make solid shoes in the future. Why should I continue riding on a sinking ship?


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    Don't forget British brands such as Loake or Barker, either. And there's also the huge swathe of even more expensive British brands, from Cheanley and Trickers through Alfred Sargent and Crockett and Jones to John Lobb and Edward Green.

    This definitely doesn't sound like good news for AE, but let's hope that it doesn't turn out as bad as the other buyouts did.

    Quote Originally Posted by CMAc7 View Post
    ^ Agreed. There are too many good European brands (Meermin, Carmina, JFitzpatrick) around the same price range who I can trust to make solid shoes in the future. Why should I continue riding on a sinking ship?


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    Unless Caleres is interested (which I doubt based on their brands and the fact that they are all made in China) in keeping AE exclusive, at least as exclusive as it is now, and in keeping production in the US, then this really is a doom and gloom scenario. Companies like that are all about the bottom line. And if that bottom line means making shoes in Asia and selling them at JC Penney's then that's what it is. How sad that AE was not purchased by Alden, or one of the Northampton companies.
    Last edited by MNJ83; December 14th, 2016 at 12:26 AM.
    You can never have enough shoes

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    Quote Originally Posted by CMAc7 View Post
    Why should I continue riding on a sinking ship?
    This is hyper-cynical. What do you care if AE turns to trash in a decade? That was always a possibility. If they make shoes you like with quality you demand and a price you will pay, that should be enough for you to choose them. Why do you care if they'll make quality shoes in the future if they make quality shoes *now*?

    This just feels like brand snobbery to me.

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    Allen Edmonds Acquired by Famous Footwear's Parent Company

    Quote Originally Posted by dpark View Post
    This is hyper-cynical. What do you care if AE turns to trash in a decade? That was always a possibility. If they make shoes you like with quality you demand and a price you will pay, that should be enough for you to choose them. Why do you care if they'll make quality shoes in the future if they make quality shoes *now*?

    This just feels like brand snobbery to me.
    You mistake quality snobbery for brand snobbery. If you must paint me with a wide brush, quality snob is the one I prefer.



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    Last edited by CMAc7; December 14th, 2016 at 07:12 AM.

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    I saw the post on Styleforum regarding this sale and they've actually been bought/sold three times in the last ten years. I don't think it's fair to judge that AE has been bought this time until we've given it a chance.

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    They were owned by Private Equity groups, not companies that operated other shoe companies

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