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In 2009, Footwear News named Sperry Top-Sider the Brand of the Year. [7] In early 2015, Sperry announced that the brand had dropped the defining trait "Top-Sider" name from the company as part of the footwear company's new brand campaign. [8] Since 2021, Sperry has opened 2 specialty stores and 40 outlet stores across the United States. [9]
Boat shoes (also known as deck shoes or top-siders) are typically canvas or leather with non-marking rubber soles designed for use on a boat. A siping pattern is cut into the soles to provide grip on a wet deck; the leather construction, along with the application of oil, is designed to repel water; and the stitching is highly durable.
As part of the transaction, Wolverine World Wide, a Michigan-based boot and shoe manufacturer, acquired Stride Rite Corporation including its Sperry Top-Sider, Keds, Saucony, and other brands from Collective Brands, Inc. The purchase was valued at $2 billion, including debt. [32] [33] [34]
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