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Nike acquired Converse in 2003 for an estimated $305 million and continues to market Chuck Taylor All Stars. Converse's manufacturing operations for Chuck Taylor All Stars, as well as the company's other shoes, was moved from the United States to other countries such as China, India, Vietnam and Indonesia.
Converse ( / ˈkɒnvərs /) is an American lifestyle brand that markets, distributes, and licenses footwear, apparel, and accessories. Founded by Marquis Mills Converse in 1908 as the Converse Rubber Shoe Company in Malden, Massachusetts, it has been acquired by several companies before becoming a subsidiary of Nike, Inc. in 2003.
Nike, Inc. Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [5] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
July 13, 2024 at 5:45 AM. Shares in Amazon (NASDAQ: AMZN) hit a new all-time high last week, rising to $200 per share. The rally came as multiple tech companies similarly achieved new highs ...
July 11, 2024 at 11:29 AM. NEW YORK (AP) — Many of the swing states in this fall's election contain small, independent news organizations that can't afford comprehensive election coverage. The ...
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