Profile: WEYCO Group Inc (WEYS.O)
20 May 2019
Weyco Group, Inc., incorporated on May 25, 1906, is engaged in the design and distribution of footwear. The Company designs and markets footwear for men, women and children. The Company operates through two segments: the North American wholesale segment (wholesale) and the North American retail segment (retail). The Company also has other wholesale and retail businesses overseas, which include its businesses in Australia, South Africa and Asia Pacific (collectively known as Florsheim Australia), and its wholesale and retail businesses in Europe (Florsheim Europe).
The Company's products consist of leather dress shoes and casual footwear composed of man-made materials or leather. In addition, the Company offers outdoor boots, shoes and sandals. The Company offers footwear under a portfolio of brand names, including Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters and Umi. The Company's footwear is available in a range of sizes and widths. The Company purchases finished shoes from outside suppliers, primarily located in China and India.
North American Wholesale Segment
As of December 31, 2016, the Company's shoes were marketed throughout the United States and Canada in over 10,000 shoe, clothing and department stores. The Company sells its products to retail outlets. Shoes are shipped to these retailers from the Company's distribution center in Glendale, Wisconsin. The Company also has licensing agreements with third parties selling its branded shoes outside of the United States, as well as licensing agreements with shoe, apparel and accessory manufacturers in the United States.
North American Retail Segment
As of December 31, 2016, the retail segment consisted of 13 Company-operated stores and an Internet business in the United States. Sales in retail stores are made directly to the consumers by the Company.
WEYCO Group Inc
333 W Estabrook Blvd
MILWAUKEE WI 53212-1067