Genesco Inc. (Johnston & Murphy, Dockers)
- Only 1 available!!
- Backordered, shipping soon
- Guaranteed authentic document
- Orders over $35 ship FREE to U. S. addresses
- Earn rewards points with every order
Product Details
CompanyGenesco Inc.
Certificate Type
Senior Sinking Fund Bond
Date Issued
November 28, 1977
Canceled
Yes
Printer
American Bank Note Company
Signatures
Machine printed
Approximate Size
12" (w) by 8" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
James Franklin Jarman and William Hatch Wemyss, both former salesmen for Carter Shoe Co. in Nashville, Tennessee, founded Jarman Shoe Company in 1924 as a footwear manufacturer. The company grew rapidly and took the name General Shoe Company in 1931. General Shoe Company's initial public stock offering took place in 1939.
By the 1950s, General Shoe had factories in many southern towns, especially in Genesco's home state of Tennessee. The company assumed its current name, Genesco, in 1959, two years after it was chosen as one of the stocks in the first S&P 500 Index. Under the leadership of W. Maxey Jarman, the ambitious son of co-founder J.F. Jarman, the company slowly began the process of diversifying away from strictly footwear manufacturing, especially as more of this was conducted overseas. It entered into fields such as sports, at one-time manufacturing and selling soccer balls and at one point owned New York department store Bonwit Teller and five-and-dime store S. H. Kress & Co.
The company suffered from over-diversification at one point, and the ongoing manufacturing operations in the southern United States continued to depress results for a long period of time. The company was probably saved by its decision to reposition itself as a retailer. Genesco exited the business of shoe manufacturing when it closed Johnston & Murphy's Nashville factory in 2002. Genesco now contracts with independent, third parties located outside the United States to manufacture its branded and licensed footwear.
Brands
Johnston & Murphy - Retailer of better men's and women's footwear, apparel, luggage and leather goods sold in Genesco-owned Johnston & Murphy retail stores and wholesaler of footwear to department and specialty stores.
Dockers Footwear - Casual footwear marketed with the Dockers brand licensed from Levi Strauss & Co. and sold at wholesale to department and specialty stores.
Journeys - Retailer of footwear for teens and young adults. The first Journeys retail store to open was the Rivergate Mall Journeys in Nashville opened by Genesco in December 1986.
Journeys Kidz - Retailer of footwear for children. Many of the brands and styles found in the normal Journeys stores can be found in smaller sizes in Journeys Kidz stores.
Schuh - UK retailer of footwear and other branded items on the highstreet and online. Genesco acquired in June 2011.
Trask (Formerly H.S. Trask) - Dress casual footwear marketed mainly as an outdoor brand.
Little Burgundy - Montreal, Canada-based footwear retailer for trendy teens and young adults. Genesco acquired in 2015.
Related Collections
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.