The Origins: Stone Church
Church’s dates back to 1675, when the company founder’s great-grandfather, Stone Church, was born in Northampton. A town known for a successful leather and footwear industry since Cromwellian times. The shoemaking skills were passed down generation to generation to Stone’s great grandson, Thomas Church. In 1873 the brand Church’s was created by the brothers Thomas, Alfred, and William Church.
Church’s began exporting outside of Europe to the United States, Canada and South America, and received the prestigious Queen’s Award for Exports from Queen Elizabeth II in 1965.
There are 250 production steps for each pair and the process takes 8 weeks. The firm’s headquarters is in Northampton, the town which provided the boots for Cromwell’s army in the Irish War. It also provided 70% of the shoes worn by the British soldiers fighting in the trenches along the Marne in the massacre of World War I.
The Goodyear Model
The shoe factory, besides producing the classic leather shoe, first invented the technique to combine the preciousness of the most valuable and futuristic rubber comfort used for soles. That is how the Goodyear model was born, a lace-up leather shoe with para rubber. The first exports were made in 1887. The début in America came in 1907.
In 1998 the turnover was 240 billion liras. At this point, the griffe is still guided by the family’s descendants, even if they no longer control the majority of shares. In Summer 1999 Diego Della Valle, “Mr. Tod’s,” bought up 8.6% of the shares. Patrizio Bertelli of Prada bought 9% and, at the end of August, launched a friendly takeover bid to acquire control, offering a 20% premium over the share price, of the Stock Exchange’s price, worth about 310 billion liras.
Prada Acquires Church’s
Later in 1999, Church’s is taken over by Prada Holding, a Dutch company at the head of Gruppo Internazionale, which is among the world leaders in luxury design. The acquisition occurs with the explicit intent of “optimizing” the business opportunities of the brand, with full respect for its English identity. The main strategic plan foresees the rationalization of production criteria and the introduction of marketing logic in the planning of collections and new products. This is to allow a further expansion of production capacity and the development of a collection that includes classic categories as well as more contemporary offerings connected to the seasons.
Church’s New Chapter
In January 2002, a second single-brand boutique in Milan, after the one on via Sant’Andrea, is opened in September 2000. The 600 square foot shop in Galleria Vittorio Emanuele is on two floors (shop and warehouse), with walls in teak and wengé floors. It was designed by Roberto Baciocchi.
During this year, the Church’s Group turnover amounts to €61.2 million, with a return to operating profitability and expected further growth in 2003. At this point, there are 48 single-brand points-of-sale, of which 47 are privately owned and 1 is a franchise. The brand is available in 895 multi-brand shops. The group employees a total of 700 people all over the world, with a production centered 95% in England and 5% in Italy for the women’s Collection. The expansion policies of the brand have involved the retail channel and the opening of new single-brand shops in the most important international capitals. The new boutiques are in Milan, in 2001; Paris, on Rue Saint-Honoré; Rome, on via Condotti; St. Moritz, on Palace Arcade, in 2002; and New York, on Madison Avenue, in 2003.
A year later in 2003, an agreement is signed between Prada Group and Equinox. An important private equity investment company to support an ambitious worldwide expansion plan. This plan is based on the development of new and complementary categories of merchandise. An important part of the agreement is the complete autonomy of the Prada Group in design decisions and in the strategy concerning the identity of the brand. According to the agreement, Equinox acquired 45% of the capital of the Church’s Group. Then, later in December 2006, Prada acquired 100% capital of Church’s.
In 2008 the brand started a new development plan to begin opening more international stores. Including Venice, Bologna, Leeds, Edinburgh, Hong Kong and Singapore.
In 26 July 2011 church’s opened the first store dedicated to the women’s collection in the heart of London’s shopping district, New Bond Street.
Currently, there are 200 single-brand boutiques all over the world. The number of employees is about 2,000.