Cole Haan

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Cole Haan
Type Subsidiary
Industry foot wear
Predecessors Intercueros
Founded 1928
Founders Trafton Cole
and Eddie Haan, George Denny et al
Headquarters Scarborough, Maine the old mill on Bridge Street in Yarmouth, Maine, United States
Number of locations 8
Key people George Denny, Dan Elze

Cole Haan is a fashion label that was founded in Chicago, Illinois, United States, in 1928.

History[edit]

The name comes from founders Trafton Cole and Eddie Haan. Originally Cole Haan was a men's footwear label. Today it offers many products, including men's and women's dress and casual footwear, belts, hosiery, handbags, gloves, scarves, hats, outerwear, and sunglasses.

Current structure[edit]

Cole Haan was bought by Apax Partners Worldwide LLP for $570 million on November 16, 2012, from Nike, Inc..[1] Cole Haan has its headquarters in Scarborough, Maine, and its design center in New York City. Jack Boys is its current CEO.

The Cole Haan Maine headquarters relocated from Yarmouth to Scarborough in summer 2011.[2] In October 2013 it was announced that the headquarters would relocate to Greenland, New Hampshire.[3]

Horween Leather Company supplies leather shells for footwear to Cole Haan.[4][5][6]

Flagship stores[edit]

The company's flagship stores are found in locations including:

Cole Haan on Newbury Street in Boston

Cole Haan products are also sold at retailers such as Macy*s, Lord & Taylor, Nordstrom, Neiman Marcus and others, as well as through its own outlet stores found in outlet malls throughout the country.

Recent news[edit]

On February 25, 2008, the company announced it would discontinue using real animal fur in its products for business and sustainability reasons.[7]

Cole Haan chose Russian tennis star Maria Sharapova to headline its Spring 2009 and Fall 2009 advertising campaigns.

Nike Inc. announced on May 31, 2012, that it will be removing its stake in Cole Haan to focus on other complementary brands and the Nike brand itself.[8][9]

References[edit]

  1. ^ "Nike, Form 10-Q, Quarterly Report, Filing Date Jan 9, 2013". secdatabase.com. Retrieved Mar 27, 2013. 
  2. ^ Kim, Ann S.(February 2, 2011). "Cole Haan offices will move to Scarborough". Portland Press Herald. Retrieved August 11, 2011
  3. ^ Cole Haan leaving Maine as new parent consolidates operations Whit Richardson, Bangor Daily News, October 10, 2013
  4. ^ "A Brief History « Horween Leather Company". Horween.com. Retrieved March 28, 2013. 
  5. ^ Horween Leather Company. encyclopedia.com. Retrieved March 26, 2013. 
  6. ^ Barbara Rolek (October 27, 2003). "Horween's leather bound by tradition". Chicago Tribune. Retrieved March 27, 2013. 
  7. ^ "Nike's Cole Haan to go fur-free", Forbes, February 25, 2008
  8. ^ "Nike, Form 8-K, Current Report, Filing Date Jun 28, 2012". secdatabase.com. Retrieved Mar 27, 2013. 
  9. ^ "to Divest of Cole Haan and Umbro to Focus on Accelerating Growth Through Nike and Complementary Sport Brands". Nike, Inc. Retrieved June 1, 2012. 

External links[edit]