Alden Shoe Company Revenue and Competitors
Estimated Revenue & Valuation
- Alden Shoe Company's estimated annual revenue is currently $75M per year.
- Alden Shoe Company's estimated revenue per employee is $6,818,182
Employee Data
- Alden Shoe Company has 11 Employees.
- Alden Shoe Company grew their employee count by 10% last year.
Alden Shoe Company's People
Name | Title | Email/Phone |
---|---|---|
1 | Sales Executive, Northeast & Midwest | Reveal Email/Phone |
What Is Alden Shoe Company?
The Alden Shoe Company was founded in 1884 by Charles H. Alden in Middleborough, Massachusetts. It is difficult to imagine just how active and important the shoe industry was in Massachusetts so long ago. Early New England shoemaking was a trade based upon one craftsman making a pair a day in one room cottages (called "ten footers"). Beginning in 1850 a series of inventions led to mechanized stitching and lasting.operations and the birth of New England shoe industry followed rapidly. The productivity gains over the traditional shoemaker were on the order of 500 - 700%, yet the new methods also led to an extraordinary improvement in both quality and consistency. In many ways the explosive growth of the shoe industry in eastern Massachusetts at the turn of the century reminds me of our modern day high-tech industry. New companies being started every week and demand soaring as product made its way west and south on newly expanded rail routes. Charles Alden's factory prospered and expanded even adding children's shoes to their offering of shoes and custom boots. By 1933, at Charles Alden's retirement, operations moved to Brockton, Massachusetts and joined with the Old Colony factory. The Great Depression took a severe toll on the countless shoe companies in New England. Although production demand increased during World War II, by the late 40's renewed consumer demand had fueled the search for manufacturing regions offering lower labor costs. Over the remainder of the century attrition would take hold as manufacturers looked farther and farther away in search of low cost labor and materials to meet the insatiable demand in the U.S.A. for low cost, mass-market consumer footwear. Most of the companies who remained in New England could not compete in the demanding post-war economy. Yet Alden prospered by relying not on lower quality mass-markets but on high quality dress shoes, and excelling in specialties such as orthopedic and medical footwear. It was a period of growth and intensive development at Alden, especially in the design of comfortable, orthopedically correct lasts. In 1970 a new factory was constructed in Middleborough, Massachusetts where production continues today. Alden is now the only original New England shoe and bootmaker remaining of the hundreds who began so long ago. Still a family owned business, still carrying forward a tradition of quality genuine-welted shoemaking that is exceptional in every way.
keywords:N/AN/A
Total Funding
11
Number of Employees
$75M
Revenue (est)
10%
Employee Growth %
N/A
Valuation
N/A
Accelerator
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Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
---|---|---|---|---|
#1 | $1M | 11 | 0% | N/A |
#2 | $1.6M | 13 | 8% | N/A |
#3 | $2M | 20 | 5% | N/A |
#4 | N/A | 21 | 31% | N/A |
#5 | $3.9M | 27 | 13% | N/A |