Converse History and Road to success
Converse History
In 1908 , Marquis Mills Converse opened his shoe manufacturing company and he named it ,"The Converse Rubber Shoe Company"
.First ,it was specialised for winterised rubber-soled shoes and boots. But the
market shifted when the basket ball player Chuck Taylor came along. Converse
winterised shoe diversified to athletic footwear market such as Tennis, Netball
and Football .The NBA start Chuck Taylor often complained about the shoes and
in the year of 1917 , the company introduces its most famous brand The All Star
Basket ball Shoes. In 1921, NBA star talked his way into this job and the
company made him ambassador and salesman. In 1932 after Chuk Taylor successful
promotion his name and signature added on ankle patch and since then the name remain" Converse
Chuck Taylor All Star".In 1936 Olympics, and the shoe with its patriotic
red and blue trim became very popular along with all black canvas and leather
models of the All Star. In 1949, a much more eye-catching shoe than the
monochrome black models that had been produced up to that time after world war two.
That time Chuck Taylor All Stars were the shoe for professional, college,
high school, and all serious players, and these distinctive black or white high
tops were part of the look of each team. When Chuk Taylor passed away , it lost
its dominance of the market. All the new arrivals like Nike Corporation took the
market. And everyone wanted their shoes because it was eye catching and
comfortable, so people gave up the converse. By the early 1970s, Converse
had diversified beyond footwear to provide numerous industries--textile,
plastic, automotive, paper, paper converting, photocopying, and leather
processing--with products ranging from hockey pucks to teeth guards, sports and
industrial boots, and rubber compounds for specific applications.
In 1984 the company signed separate agreements with Moon-Star Chemical Corp.,
Mizuno Corp., and Zett Corp. to handle the manufacture, distribution, and sale
of Converse footwear in Japan
Furthermore, In 1995 it entered into a licensing deal with Shalom Children's Wear to manufacture infants' and toddlers' sporting goods apparel. It also purchased Apex One Inc., a designer and marketer of sports-related footwear and apparel that also made products under license with professional sports teams, leagues, and institutions of higher education
In the 1980's and 1990's the company started to experience bad time and in 2001 the company filed a bankruptcy. The brand re-establish successfully and was purchased by Nike Corporation.

Furthermore, In 1995 it entered into a licensing deal with Shalom Children's Wear to manufacture infants' and toddlers' sporting goods apparel. It also purchased Apex One Inc., a designer and marketer of sports-related footwear and apparel that also made products under license with professional sports teams, leagues, and institutions of higher education
In the 1980's and 1990's the company started to experience bad time and in 2001 the company filed a bankruptcy. The brand re-establish successfully and was purchased by Nike Corporation.
Converse road to success
Now in 2015 Converse selling at the
rate of two pairs per second(Fortune,2015).It did not work in 90's when they
changed management after management .After Nike bought Converse , they
adopted new era. Calhoun ,CEO of converse since 2011 said that ," As a brand with
ours history, [as] people who knew what it was to be at the height of your game
and knew what it was to be bankrupt, I think we have a healthy sense of just
never being complacent .Another adage is you fix your roof when the sun is shinning".
Converse changed their strategy and started to keep asking people about converse.
Even who do not like converse. As a result , the answers boiled down to innovation,
technology and comfort. The expectation of the kids was ready to use ,super functional
and super comfortable. Calhoun said that , " It is a good lesson for a
company like us to say ,hey ,if that is their expectation, we can fight that or
we can understand that and go with that". It's target market is at the
moment is kids and now-a -days kids wants something super cool, not professional.
That is why the converse design their product in consumer way and they asked
the consumer what they want to wear? .It changed the whole platform. Plus Nike
is supporting Converse all along with R&D. Coulham said, " You can't afraid
to fail" and he also said ,"Chuck Taylor is not going
anywhere"(Fortune,2015).They battled through a lot since 1908.Now in 2015
the company is selling at a rate of two pairs per second of everyday. According
to Fortune(2015) , It would be hard to come up with another product that so
readily generates goodwill.
Comments
Post a Comment