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Socks company From Wikipedia, the free encyclopedia
Gold Toe Brands, Inc., is the third-largest United States–based producer of socks.[1]
This article contains promotional content. (January 2016) |
Gold Toe was founded by Fritz S. Stern, Fritz Bendheim, and J. Kuglemanin in Bally, Pennsylvania on September 18, 1919, under the name Great American Knitting Mills.[2] In 1923, Rudolf Abrams, a cousin of Fritz Stern's wife, joined the company.[3]
During the Great Depression, Gold Toe began manufacturing men's socks from high quality Irish linen, making their product resistant to holes and fraying.[1] In the 1930s, the company added gold acetate thread to the toes of its socks to make them visually distinctive on store shelves.[1]
The manufacturer changed its name to Gold Toe Brands Inc. in 2002.[2]
Gold Toe merged with competitor Moretz in 2006 to form Gold Toe Moretz. Gildan Activewear acquired the company in 2011. The following year, they partnered with the advertising agency, DeVito/Verdi, to “revitalize and contemporize” the brand.
The company's headquarters are located in Burlington, North Carolina, with executive headquarters in New York City.[2] Gold Toe Brands, Inc. has shifted much of its manufacturing to China, particularly the Zhejiang province.[4]
Vice-president Trish McHale intended to create affordable socks primarily for men.[5][6][4] Although its primary market is men's dress socks, Gold Toe Brands has expanded into other areas of the sock market.[2] In 1983, it added a line of women's socks, and in 1986, it began producing boys' socks. In 1992, the brand started making women's tights.[2]
Gold Toe produces 140 million pairs of socks annually[1] and is on the American Podiatric Medical Association's approved list of brands for foot health.
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