Company History
- Founded in 1924 by James Franklin Jarman, J.H. Lawson, and William Hatch Wemyss
- Renamed General Shoe Company in 1931
- Initial public stock offering in 1939
- Became Genesco in 1959
- Diversified away from footwear manufacturing under W. Maxey Jarman's leadership
Brands
- Johnston & Murphy: Retailer of mens and womens footwear, apparel, and leather goods
- Dockers Footwear: Casual footwear licensed from Levi Strauss & Co.
- Journeys: Retailer of footwear for teens and young adults
- Journeys Kidz: Retailer of footwear for children
- Schuh: U.K. retailer of footwear and branded items
References
- Form 10-K: Genesco's financial report
- 'Nashville now and then: A voice from our past' by E. Thomas Wood
- 'Foot Locker makes $1.2 billion offer for Genesco' by Walker Duncan
- 'Genesco closing local shoe plant, firing 40 at headquarters' from The Nashville Post
- About Johnston & Murphy from Genesco Inc.
External Links
- Official website of Genesco
- News stories about Genesco from NashvillePost.com
- Business data for Genesco on Bloomberg, Google, Reuters, SEC filings, and Yahoo!
- Coordinates of Genesco's location: 36°6'47.4'N 86°41'32.2'W
Acquisitions
- Genesco acquired New York department store Bonwit Teller and five-and-dime store S. H. Kress & Co.
- Acquired Schuh, a U.K. retailer, in 2011
- Acquired Little Burgundy, a Montreal-based footwear retailer, in 2015
Genesco Inc. is an American publicly owned specialty retailer of branded footwear and accessories and is a wholesaler of branded and licensed footwear based in Nashville, Tennessee. Founded as the Jarman Shoe Company in 1924 as a footwear manufacturer, the company changed its name to the General Shoe Company in 1931 and became a public company in 1939. The company took its current name, Genesco, in 1959. Genesco exited footwear manufacturing in 2002 and now contracts with independent, third parties located outside the United States to manufacture its branded and licensed footwear. In June 2011, Genesco acquired U.K. retail chain and web business Schuh, which gave them an already well-established grounding in a market outside of the U.S.
Type | Public |
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Industry | Shoes, apparel |
Predecessor | Jarman Shoe Company; Genesco Shoe Company |
Founded | 1924 | (as Jarman Shoe Company)
Founders |
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Headquarters | , U.S. |
Number of locations | 1,410 |
Area served | Worldwide |
Key people |
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Products | Footwear, accessories |
Revenue | US$2.38 billion (2023) |
US$93.2 million (2023) | |
US$71.9 million (2023) | |
Total assets | US$1.46 billion (2023) |
Total equity | US$607 million (2023) |
Number of employees | c. 19,000 (2023) |
Subsidiaries |
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Website | www |
Footnotes / references |