Brown Shoe Company (NYSE: BWS) (brownshoe.com)
today announced it has invested in Jack Erwin, a men’s brand that offers
high-quality, handmade men’s shoes directly to consumers.
“We looked at several companies and Jack Erwin really stood out to us as
a great incubator brand with high growth potential and an interesting,
new business model,” said Diane Sullivan, CEO, president and chairman of
Brown Shoe Company. “Lane and Ariel, the founders, have an unwavering
commitment to quality and detail and represent the next generation of
business in our industry.”
“We are thrilled to be working with the incredible team at Brown Shoe
Company,” said Ariel Nelson, co-founder of Jack Erwin. “This investment
provides us with the unique opportunity to build Jack Erwin using the
knowledge and expertise of such a respected industry leader.”
Ariel Nelson and Lane Gerson started Jack Erwin in 2013 with the goal of
providing luxury, handmade men’s shoes for under $200. They offer a
limited assortment of styles and materials available exclusively on www.jackerwin.com.
About Jack Erwin
Founded in 2013, Jack Erwin is taking a new approach to men’s shoes.
With a respect for craftsmanship, quality materials and design, Jack
Erwin is committed to providing truly timeless men’s shoes at honest
prices. The men's shoe brand offers a curated selection of styles to
serve as the foundation for every man’s wardrobe. Products are offered
in fifteen styles and retail between $95 and $195. Jack Erwin is
available online exclusively at www.jackerwin.com.
About Brown Shoe Company
Brown Shoe Company is a $2.5 billion, global footwear company whose
shoes are worn by people of all ages, from all walks of life. Our
products are available virtually everywhere — in the more than 1,200
Famous Footwear and Naturalizer retail stores we operate, in hundreds of
major department and specialty stores, on 14 distinct ecommerce sites,
and on many additional third-party retail websites. Through our broad
range of products, we serve three key market segments. Our Family brands
— Famous Footwear, Famous.com and shoes.com — are one-stop-shopping
destinations for high quality, affordable styles for a family’s every
occasion. Active people who want comfort, style and performance, can
look to our Healthy Living brands — Naturalizer, Dr. Scholl's Shoes,
LifeStride and Ryka. Our Contemporary Fashion brands — Sam Edelman,
Franco Sarto, Vince, Via Spiga, Fergie Footwear and Carlos Santana— keep
fashionistas in step with the latest trends. At Brown Shoe Company, we
inspire people to feel good and live better... feet first!
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