A New Wave of Shoe Makers Wants to Cut Out All the Middlemen
Bag: JackThreads Daily Tote, $39.50; Hoodie: American Giant Classic Full Zip, $89.00.
Photographer: Aaron Joseph for Bloomberg BusinessweekThree years ago, Ariel Nelson was working in food and beverage distribution, and Lane Gerson was gutting it out in the finance department at a 3D printing company. The friends were pushing 30 and trying to spruce up their wardrobes for the stream of weddings they were scheduled to attend. That was when they saw it: the gaping hole in the market between the $100 pair of oxfords at Aldo and the $350-and-up monk straps at Allen Edmonds. “I would go shoe shopping and know exactly what I wanted in terms of style, color, and price, but I could only ever get two of the three,” Nelson says.
At the time, “cut out the middleman” were magic words for e-commerce startups. The strategy had worked for razor blades, eyeglasses, mattresses, and dress shirts—why should fancy footwear be any different? The friends started Jack Erwin based on what seemed like a simple premise: Design a $500 pair of men’s dress shoes, make them for $100, and sell them online for $200.
