footwear founded 1897 la crosse wisconsin headquarters 2001 portland oregon united states products boots parent abc mart website lacrossefootwear.com lacrosse footwear inc. is an american company based in portland oregon . founded in 1897 in la crosse wisconsin the footwear company relocated to oregon in 2001 where its danner boots subsidiary was based . in 2012 the formerly publicly traded company was bought by japanese based abc mart . contents 1 history 2 products 3 references 4 external links history edit a well worn pair of danner boots . lacrosse was established in wisconsin in 1897 as the lacrosse rubber mill in the city of la crosse . 1 the company became the largest employer in that city in 1930 . 1 in 1994 the company acquired portland oregon based danner boots in a merger that was expected to create a company with an annual revenue of 100 million . 2 company revenues had grown to 138 million for fiscal year 2000 . 2 3 a month later the company announced plans for an initial public offering ipo worth up to 24 million in order to help purchase danner . 4 at the time lacrosse had annual sales of 82 million . 4 the ipo went ahead in april 1994 raising nearly 18 million with a stock symbol of boot . lacrosse bought footwear maker lake of the woods in june 1997 for 6.5 million . 5 the company closed its us based manufacturing for the namesake brand in july 2001 and later that year moved its headquarters to portland in order to consolidate operations and take advantage of the concentration of shoe companies in the portland metropolitan area . 2 6 later that year it also reported the first quarterly profit since 1999 . 7 in 2010 lacrosse opened a new factory in portland for its danner brand 8 which helped it earn a contract with the u.s. department of defense in september 2011 for making boots for the marine corps . 9 10 in july 2012 the company announced abc mart would purchase lacrosse for 20 per share . 10 11 abc mart a tokyo based retailer had approximately 800 stores in japan taiwan and south korea . 8 lacrosse hoped to use those distribution channels to expand their brand in japan where the company s us made boots were popular . 11 at the time of the announcement lacrosse had 300 employees in portland 12 and no layoffs were expected . 10 the deal was finalized in august with lacrosse then becoming a private company . 13 president and ceo joseph schneider then left the company in september 2012 . 13 products edit the company manufactures boots and other footwear primarily for those in agriculture hunters construction workers and for the outdoors . 2 other products include rain boots . 2 references edit a b our history . company . lacrosse footwear . retrieved 11 july 2012 . a b c d e goldfield robert august 2 2001 . shoe company lacrosse moves to portland . portland business journal . retrieved 7 july 2012 . shoe company merger . the new york times . january 26 1994 . retrieved 11 july 2012 . a b sandler larry february 22 1994 . lacrosse plans public offering . the milwaukee sentinel . p. d1 . retrieved 11 july 2012 . lacrosse footwear to purchase lake of the woods for 6.5 million . the business journal . june 25 1997 . retrieved 11 july 2012 . lacrosse footwear moving hq to portland . the business journal . august 1 2001 . retrieved 11 july 2012 . lacrosse footwear steps into the black . the business journal . october 15 2001 . retrieved 11 july 2012 . a b stevens suzanne july 6 2012 . lacrosse footwear to be acquired for 138m . portland business journal . retrieved 7 july 2012 . siemers erik september 26 2011 . lacrosse receives 15.4 m order from marines . portland business journal . retrieved 7 july 2012 . a b c brettman allan july 6 2012 . lacrosse footwear deal hinged on share price ability to expand in asia . the oregonian . retrieved 7 july 2012 . a b siemers erik july 6 2012 . already big in japan lacrosse sale could make it bigger . portland business journal . retrieved 7 july 2012 . brettman allan july 5 2012 . japan based shoe retailer announces agreement to purchase lacrosse footwear of portland . the oregonian . retrieved 7 july 2012 . a b brettman allan october 1 2012 . top executives depart lacrosse footwear inc. . the oregonian . retrieved october 1 2012 . external links edit lacrosse footwear lacrosse sales fall 16 % in q4 on drop in military orders portland business journal v t e companies formerly based in oregon moved out of state georgia pacific integra telecom 2014 jeld wen 2015 louisiana pacific acquired by out of state entities camera world 1997 cascade microtech 2016 fred meyer freightliner harry & david 2014 j. k. gill lacrosse footwear 2012 mathstar 2010 mccormick & schmick s 2012 meier & frank merix 2010 oregon steel mills planar systems 2015 sawyer s 1966 sequent computer systems stancorp financial 2016 tektronix 2007 u.s. bancorp west coast bank 2012 willamette industries 2002 defunct or out of business consolidated freightways emporium 2003 evergreen international aviation floating point systems g.i. joe s 2009 hollywood video 2010 sprouse reitz 1994 white stag manufacturing retrieved from https en.wikipedia.org w index.php title lacrosse footwear & oldid 740329937 categories companies based in portland oregonshoe companies of the united statescompanies formerly listed on nasdaqcompanies established in 1897la crosse wisconsin navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 20 september 2016 at 11 27 . text is available under the creative 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