What is the stock symbol for Converse shoes?
Rachel Davis
Updated on January 06, 2026
Company Overview
| Proposed Symbol | — |
|---|---|
| Company Phone | 9789833300 |
| Company Website | |
| CEO | Jack A. Boys |
| State of Inc | DE |
Is Converse owned by Nike?
On September 4, 2003, Nike (NYSE: NKE) acquired Converse for $315 million – two years after the latter filed for bankruptcy. Converse had annual sales of just over $200 million at the time of acquisition. Fast forward 16 years to Nike’s fiscal year 2019 – Converse sales have ballooned to nearly $2 billion.
Who is the CEO of Converse?
G. Scott Uzzell (Jan 22, 2018–)
Davide Grasso (2016–)
Converse/CEO
Summary: Scott Uzzell is the CEO of Converse, a subsidiary of Nike, Inc. Established in 1908, Converse is recognized as a brand for self-expression around the world and across cultures.
Is Converse profitable?
Converse is owned by sports apparel manufacturer Nike Incorporated, who in 2020, generated a global revenue of approximately 37.4 billion U.S. dollars….Revenue of Converse worldwide from 2010 to 2020 (in million U.S. dollars)
| Characteristic | Revenue in million U.S. dollars |
|---|---|
| 2020 | 1,846 |
| 2019 | 1,906 |
| 2018 | 1,886 |
| 2017 | 2,042 |
What kind of a company is Converse Inc?
Converse, Inc operates as a designer, distributor, and marketer of casual athletic footwear and apparel. The Company offers sneakers, clothing, accessories for men, women, and children.
Who was the original owner of Converse shoes?
Executives at Eltra eventually bought Converse from Allied for $100 million and took the company public in 1983. The company’s next owner, Interco, acquired Converse in 1986 and sales rose to $315 million the following year. However, its new parent company suffered from a series of financial problems and filed for bankruptcy in 1991.
What was converse’s share of the athletic shoe market?
Converse remains well below Nike and Reebok, which in 1997 held 47 and 15 percent of the U.S. athletic shoe market, respectively. In the 1990s Converse Inc .’s revenues fluctuated in part because of the fickle nature of the athletic shoe market, much of which is made up of male adolescents under age 17.
What was the total sales of converse in 1996?
Converse has sought to diversify its footwear offerings and expand its product line to include more athletic apparel. In 1996, apparel represented $9 million of the company’s total sales, and the company projected a 10-percent increase for apparel in 1997.
