Expanding Overseas

From Wisconsin to Shanghai: How Allen Edmonds Bounced Back

By on October 24, 2013
01 Edmonds ss Photograph by Philip Scott Andrews for Bloomberg Businessweek

Founded in 1922, Port Washington (Wis.) shoemaker Allen Edmonds stumbled during the Great Recession, with revenue dropping to $72 million in 2009, from $94 million in 2007. It regained its footing through a turnaround, and now the private equity firm that owns the iconic brand is ready to sell it.
 
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