Collective Brands was the parent company for Payless ShoeSource, a footwear, accessory and lifestyle brand company; Collective Brands' Performance + Lifestyles Group (formerly The Stride Rite Corporation); and Collective Licensing International.
In addition to the Stride Rite brand, the company markets footwear under the following owned or licensed brands: Keds, Grasshoppers, Robeez, Saucony, Sperry Top-Sider, and Jessica Simpson Kids.
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On August 16, 2007, the company changed its name to Collective Brands, Inc.
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In 2012, Wolverine World Wide added Saucony, Keds, Stride Rite and Sperry Top-Sider to their list of subsidiaries after a joint agreement with Blum Capital Partners and Golden Gate Capital acquired the Performance Lifestyle Group of Collective Brands for US$1.23 billion.