NY. Brown Shoe Co., Inc., 1970 100 Shrs Specimen Stock Certificate, XF ABNC

Description

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Description
The company was created in St. Louis and was originally named Bryan, Brown & Company after its founders George Warren Brown and Alvin Bryan. The company began business in 1878 and incorporated in 1881 as Bryan-Brown Shoe Company. Founder George Warren Brown had moved from New York to St. Louis in 1873. After four years in his brother’s wholesale shoe business, Brown had the funds to found Bryan, Brown and Company to make women’s shoes. The company hired five skilled shoemakers from Rochester, New York, to start the factory in St. Louis, and it grew quickly. In 1878, it had sales of 0,000. In 1881, it was incorporated as the Bryan Brown Shoe Company. In 1886, the company became the Brown-Desnoyers Shoe Company, after Mr. Bryan retired. In 1893, Mr. J.B. Desnoyers also retired, and the name was changed to Brown Shoe Company. In 1895, the Brown Shoe Company factory had about six hundred employees who could make five thousand pairs of shoes and boots a day. The company competed as Brown shoes were sold throughout the Midwest at prices lower than New England shoes, and by 1900 the company was growing at a rate of million a year. In the 1970s, Brown operated Famous Footwear, Cloth World fabric stores, Bottom Half jeans stores, and Meis department stores. On May 27, 2015, Brown Shoe changed its name to Caleres. Current brands include Famous Footwear, Diane von Furstenberg (DVF), Rykä, Allen Edmonds, Dr. Scholl’s Shoes, LifeStride, Naturalizer, Bzees, Franco Sarto, Sam Edelman, Via Spiga, Vince, George Brown Bilt, Carlos by Carlos Santana and Fergie Footwear.
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