Type | Subsidiary |
---|---|
Founded | 1879Gainesville, Texas, United States | in
Founder | H.J. Justin |
Headquarters | , |
Owner | Berkshire Hathaway |
Parent | Justin Brands |
Website | www |
Justin Boots is an American western and equestrian footwear brand. It is a division of Justin Brands, Inc., itself a wholly owned subsidiary of Berkshire Hathaway.[1]
History
H.J. "Daddy Joe" Justin started repairing boots in Spanish Fort, Texas. After receiving a loan to purchase materials, he began making his own cowboy boots.
Justin was an early user of decorative stitching, incorporating rows of stitches across the boot tops as a means of stiffening the leather, preventing it from folding around the ankles.[2]
In 1887, Justin married Louanna “Annie” Allen. In the early 1890s, Annie Justin developed a self-measuring kit, making it possible for customers to order the company's products by mail.[3]
When a railroad was built in Nocona, Texas, in 1889, the Justins moved there to capitalize on the larger market opportunity. "Daddy Joe" and Annie had seven children — three sons and four daughters — who each helped with the family business. In 1908, Justin told his two oldest sons, John and Earl, that they would become equal partners in the family business. He then changed the name of his boot company to H.J. Justin & Sons.
The Justins moved the business to Fort Worth, Texas in 1925,[4] except for daughter Enid Justin, who believed her father would have wanted the business to remain in Nocona. She later founded Nocona Boots.[5]
In 1947, annual sales reached $1 million. Three years later, Joe’s grandson, John Justin Jr., bought out the company’s stock and gained control of the company. On Nov. 3, 1950, John Jr. became vice president and general manager of H.J. Justin & Sons, Inc.
The company merged with Acme Brick Company in 1968 to become First Worth Corporation. In 1972, John Justin Jr. was elected president and chairman of the board, and the company’s name officially changed to Justin Industries, Inc.
Nocona Boot Company became part of Justin Industries when John Justin purchased the controlling shares from his aunt, Enid Justin, in 1981. In 1984, the company acquired Chippewa Shoe Company. In 1990, Justin Industries purchased competitor Tony Lama Boots.
In 1999, John Justin stepped down from his role as chairman of the board of Justin Industries, Inc., and in 2000 the board of directors for Justin Industries approved the sale of the company to Warren Buffett and the Berkshire-Hathaway Corp.[6]
Support for rodeo
Justin Boots supports professional cowboys through the Justin Sportsmedicine Team and the Justin Cowboy Crisis Fund. The Justin Sportsmedicine Team made its debut at the National Finals Rodeo in 1980 and provides emergency attention to injured competing athletes onsite. The Justin Cowboy Crisis Fund was established in 1989 to provide financial assistance to injured rodeo athletes and has since raised more than $1.1 million.
References
- ↑ "Justin Boots Heritage". Archived from the original on 26 February 2012. Retrieved 13 February 2012.
- ↑ Irvin Farman. Standard of the West: the Justin story. TCU Press; October 1996 [cited 14 February 2012]. ISBN 978-0-87565-167-5. p. 209–.
- ↑ David J. Wishart (2004). Encyclopedia of the Great Plains. U of Nebraska Press. pp. 424–. ISBN 978-0-8032-4787-1. Retrieved 14 February 2012.
- ↑ Shannon Gillette (6 June 2011). Nocona. Arcadia Publishing. pp. 90–. ISBN 978-0-7385-7997-9. Retrieved 14 February 2012.
- ↑ Emmis Communications (February 1979). Texas Monthly. Emmis Communications. pp. 19–. ISSN 0148-7736. Retrieved 21 May 2012.
- ↑ Robert G. Hagstrom (13 May 2010). The Warren Buffett Way. John Wiley and Sons. pp. 98–. ISBN 978-0-470-89355-5. Retrieved 14 February 2012.