Collective Brands Inc. (“Collective Brands” or the “Company”) is a leader in bringing compelling lifestyle, fashion and performance brands for footwear and related accessories to consumers worldwide. We operate a portfolio of brands and private brand labels sold at multiple price points through multiple selling channels including retail, wholesale, e-commerce, licensing, and franchising. Collective Brands consists of three lines of business: Payless ShoeSource (“Payless”), Collective Brands Performance + Lifestyle Group (“PLG”), and Collective Licensing (“CLI”). Payless is one of the largest footwear specialty retailers in the world. We serve the everyday needs and fashion wants of women, moms, kids, teens, and men. Payless is dedicated to providing incredible values for on-trend and validated styles of footwear and accessories. PLG is a leading provider of iconic performance and lifestyle brands, each with strong marketplace positions focused on distinct and targeted consumer segments. PLG markets performance and lifestyle footwear and related accessories for adults and children under well-known brand names includingSperry Top-Sider® . CLI is a brand development and licensing company that specializes in building, launching, licensing and growing brands focused on the youth lifestyle market includingAbove the Rim® . CLI’s vision is to create the leading youth lifestyle and athletic fashion branded licensing company in the world. All references to years are to our fiscal year unless otherwise stated. Fiscal year 2011 ended on January 28, 2012. At the end of 2011, there were 4,303 Payless stores, owned or franchised, in 34 countries and territories. Payless owned stores in the United States, Canada, Caribbean, Central America, and South America sold over 120 million pairs of footwear and 50 million units of accessories through nearly 450 million customer visits during 2011. Payless sells a broad assortment of footwear including casual and dress shoes, sandals, boots, slippers, and other footwear categories in a self-selection shopping format. We also sell a broad array of accessories such as handbags, jewelry, bath-and-beauty products, and hosiery. Our stores feature a variety of mainstream and designer footwear brands includingAirwalk® . Generally, North American stores are company-owned; stores in the Central and South American regions (as defined in the “Stores” section below) operate as joint-ventures; and stores in Europe, Asia, and the Middle East are franchised. Stores operate in a variety of real estate formats. Approximately a quarter of the company-owned stores are mall-based while the rest are located in strip centers, central business districts, and other real estate formats. We also operate payless.com® where customers buy our products online and store associates order products for customers that are not sold in all of our stores or are out of stock. Payless stores possess an average of approximately $60,000 worth of inventory at cost depending upon the time of year (see “Seasonality” section). We focus our marketing efforts in a variety of traditional and electronic channels primarily on female, budget-conscious consumers who appreciate trend-right product. Our core customer is a female head-of-household about 35-54 years old with children. Her average annual household income is about $65,000 and she is more likely to be African-American or Hispanic as compared to overall women self-purchasers of footwear in the U.S. Payless’s most addressable consumer segment tends to be households with annual income of less than $75,000 in the market for non-athletic footwear below $30 per pair.
Company profile
Ticker
PSS
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Payless Shoesource Holdings Inc, Payless Shoesource Inc
SEC CIK
Corporate docs
IRS number
431813160
Latest filings (excl ownership)
RW
Registration withdrawal request
1 Feb 17
15-12B
Securities registration termination
22 Oct 12
25-NSE
Exchange delisting
9 Oct 12
8-K
Completion of Acquisition or Disposition of Assets
9 Oct 12
POS AM
Prospectus update (post-effective amendment)
9 Oct 12
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 12
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 12
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 12
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 12
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Oct 12
Latest ownership filings
SC 13D/A
GGC Opportunity Fund Management GP, Ltd.
9 Oct 12
SC 13D/A
BLUM CAPITAL PARTNERS LP
9 Oct 12
11-K
Annual report of employee stock purchases
29 Jun 12
11-K
Annual report of employee stock purchases
29 Jun 12
11-K
Annual report of employee stock purchases
27 Jun 12
SC 13D
GGC Opportunity Fund Management GP, Ltd.
10 May 12
SC 13D/A
BLUM CAPITAL PARTNERS LP
3 May 12
11-K
Annual report of employee stock purchases
29 Jun 11
SC 13D
BLUM CAPITAL PARTNERS LP
6 Jul 10
11-K
Annual report of employee stock purchases
28 Jun 10
Institutional ownership, Q2 2022
13F holders | Current |
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Total holders | 0 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
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Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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