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Collective Brands

OVERALL

Owned
USA
Rating
Boycott

Footwear and retail

Formed in 2007 when USA's #1 shoe retailer, Payless ShoeSource, acquired the Stride Rite Corporation and Collective Licensing International. The new company was named "Collective Brands". Brands include Keds, Saucony, Sperry Top-Sider, Vision Street Wear, Airwalk. Acquired by Wolverine World Wide in 2012.

Company Ownership

Collective Brands Inc   USA     website         
  Wolverine World Wide, Inc   
   owns 100% of Collective Brands Inc  
USA     website         

Footwear manufacturer

Makers of Hush Puppies and several other brands of shoe. Their products have been sold in 190 countries. Acquired Collective Brands in 2012.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Collective Brands Inc
Business Ethics Alleged securities laws violations
In 2012 a lawsuit was filed against Collective Brands Inc. by shareholders. They allege Collective Brands was wrongful in "issuing allegedly materially false and misleading statements" resulting in "shares traded at artificially inflated prices between December 1, 2010 and May 24, 2011"
[Source 2012][More on Finance]
Environment Environmental claims
This company has a number of corporate responsibility claims on its website including the development of a bamboo snowboard, a green footwear and accessories line, $1 from reusable bag sales going to plant trees in Brazil, and recycled fibre in store carpets.
[Source 2012][More on Environmental Claims]
Business Ethics Collective Brands Foundation
The Collective Brands Foundation invests financially in nonprofit organizations that manage programs in at least one of the following areas: women's preventive health; children's physical activity and fitness; improving the lives of children and youth in need; preserving our environment; supporting the footwear industry.
[Source 2012][More on Finance]
Business Ethics Code of ethics
This company has a number of corporate governance documents publicly available on its website, including a Code of Ethics and Social Compliance Requirements.
[Source 2012][More on Sustainability Reporting]
Information OpenSecrets.org profile
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
[Source 2014]
Wolverine World Wide, Inc
Social Child labour scorecard
This website by German NGO Earth Link rates companies on their corporate policies against child labour, production monitoring and accusations of child labour. This company received at least one green mark, and no red marks, indicating good performance in one or more of these areas.
[Source 2013][More on Human Rights]
Environment Commitment to zero deforestation 1/5
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soya, beef, leather, timber, and pulp and paper). This company received a score of 1/5.
[Source 2018][More on Forests]
Business Ethics 10/100 in Fashion Transparency Index
The 2019 Fashion Transparency Index looks at how much brands know about their supply chains, what kind of policies they have in place and importantly, how much information they share with the public about their practices and products. Brands owned by this company scored 10%, signifying it has little to no information about their supply chain practices or policies available to the public. The average score was 21% and the highest score was 64%.
[Source 2019][More on Sustainability Reporting]
Business Ethics 'E' rating at rankabrand.org
Rank a Brand searches the websites of brands for the answers to carefully targeted questions. From this they calculate sustainability scores based on the themes of environment, climate, labor issues, and transparency. Brands owned by this company received an 'E', the lowest possible score.
[Source 2017][More on Sustainability Reporting]
Business Ethics Responsibility claims
This company has corporate responsibility claims on its website in the areas of environmental stewardship, community involvement and social responsibility.
[Source 2017][More on Sustainability Reporting]
Business Ethics Sustainable Apparel Coalition member
This company is a member of the Sustainable Apparel Coalition, a multi-stakeholder initiative launched in March 2011 by a group of global apparel and footwear companies and non-profit organizations (representing nearly one third of the global market share for apparel and footwear). The Coalition's goals are to reduce the apparel industry's environmental and social impact, and to develop a universal index to measure environmental and social performance of apparel products.
[Source 2018][More on Multi-Stakeholder Initiatives]
Business Ethics Leather Working Group member
This company is a member of the Leather Working Group, a multi-stakeholder group who's objective is to develop and maintain a protocol that assesses the compliance and environmental performance of tanners and promotes sustainable and appropriate environmental business practices within the leather industry.
[Source 2019][More on Multi-Stakeholder Initiatives]
Information OpenSecrets.org profile
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
[Source 2014]

> About the Icons

Company Details

Company Structure Public company
Revenue US$3.3 billion in 2010
# Employees 30,000 in 2010 in World

Contact Details

Address Kansas, USA
Website www.collectivebrands.com

Products / Brands


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