Weyco Group, Inc


WEYS

Price

31.88


Change

0.89


High

NA


Low

NA


Avg Volume

11,536


PE Ratio

10.06


52 Week High

33.15


52 Week Low

22.95



Profile

Weyco Group is a footwear company that designs, markets and distributes brand names including Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters and Umi. The company, which focuses on North American wholesale and retail distribution, has been assembled by a series of acquisitions. In 1964, after an estrangement with his father Harold Florsheim, son of company founder Milton S. Florsheim, Thomas Florsheim, Sr. left the Florsheim Shoe Company and invested $750,000 in the Weyenberg Shoe Manufacturing Company, becoming partners with Frank Weyenberg. They acquired Nunn Bush and Stacy Adams, while developing the new Brass Boot line in Europe. When the Florsheim Group filed for Chapter 11 bankruptcy in 2002, Weyco purchased some of the company's assets. Weyco acquired Umi in 2010, and in 2011 it acquired The Combs Company and its BOGS and Rafters footwear brands. Weyco is led by Thomas Florsheim, Jr. .


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