Shoes.com

SHOES.COM is an online retailer of footwear and apparel, founded in 1996.[1] The company owns and operates SHOES.COM, OnlineShoes.com, and SHOEme.ca, and is a part of the Hardy Capital Portfolio.[2][3][4]

History

Sean Clark, co-founder of SHOEme.ca credits his wife as the inspiration behind the company as Caleres or the Montreal footwear retailer Browns Shoes after he was asked to drive across the border from Canada into the United States to pick up shoes she had ordered online that couldn’t be delivered to Canada. Mr. Clark was determined to come up with a local solution. With the help of his co-founder and former boss, Roger Hardy, SHOEme.ca was born.[5]

On July 15, 2014, Hardy Capital Corporation, acquired Vancouver-based SHOEme.ca, and Seattle-based OnlineShoes, from Brown Shoe Company, and announced Roger Hardy as the chairman and CEO of SHOEme.ca.[6]

Six months later, SHOEme.ca acquired SHOES.COM, and shortly after the company announced a rebranding under SHOES.COM. OnlineShoes.com, which was the first online footwear retailer in the U.S., will continue to operate under its own name.[7][8]

On May 20, SHOES.COM announced it had raised net proceeds of approximately $45 million.[9]

SHOES.COM employs 250 people across North America, generates revenue of approximately $200 million annually, and offers a selection of 500 brands to its 8 million customers across the US and Canada. As of May 2015, the company is valued at $320 million. The company is headquartered in Vancouver, BC.[10][9]

Products

The company has two private footwear and accessory lines, PIKA and Hardy Design Works, which are both sold exclusively on SHOES.COM.[11]

References

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