Dr. Scholl's

Dr. Scholl’s® is an iconic brand that has been at the forefront of the foot care industry for more than 110 years. The company was founded in 1906 by William Mathias Scholl, M.D., whose focus on scientifically supporting the feet to improve mobility helped Dr. Scholl’s® become a household name. Today, Dr. Scholl’s® is owned by Scholl’s Wellness Company and continues to advance the science of movement with a mission to help people be more active and move comfortably every day of their lives.

Dr. Scholl's
Product typeFoot Care Products
OwnerScholl’s Wellness Company LLC
CountryChicago, United States
Introduced1906
MarketsUnited States and Canada
Previous ownersBayer
Schering-Plough
SSL International (Merck) (Reckitt Benckiser)
Websitewww.drscholls.com

Dr. Scholl’s® insoles are clinically proven to provide comfort, reduce fatigue and help relieve and prevent lower body pains caused by being on your feet. The company’s wart, corn, callus and bunion removers help treat these common ailments easily and discreetly at home.  Dr. Scholl’s® also makes foot odor and wetness sprays/powders.

History

1923 newspaper ad for Dr Scholl's Zino-pads for corns.

Podiatrist William Mathias Scholl started the brand in 1906.[1] He is credited with designing over 1,000 foot care products and became a member of the Fortune 500 in 1971.[2] That same year, the company went public.[3]

In 1979, Schering-Plough bought the Dr. Scholl's brand.[3] In 1984, Schering-Plough sold the global brand and non-North American operations to European Home Products, who manufacture and distribute footwear and foot care products under the Scholl brand.[4]

Scholl Brand

In 2010, Reckitt Benckiser Group purchased the Scholl brand from SSL International.[5] In 2014, Aurelius, a German private equity firm, purchased the international rights to Scholl Footwear from Reckitt Benckiser, excluding the Americas.[6]

Dr. Scholl's Brand

In 2009, Merck & Co purchased the Dr. Scholl's brand as part of its acquisition of Schering-Plough.[7] Under parent Merck & Co., Schering-Plough imports the product line from China and has a North American distribution agreement with the Brown Shoe Company. Bayer bought Dr. Scholl's in 2014 as part of its acquisition of Merck & Co's consumer health unit.[8] This acquisition gave them the rights to the business in North and South America.[6] In July 2019, Bayer sold Dr. Scholl's to Yellow Wood Partners for $585 million. Yellow Wood established a new company Scholl's Wellness Company to run the brand.[8]

References

  1. Newman, Andrew Adam (2010-03-31). "Dr. Scholl's Expands Its Insole Campaign". The New York Times. ISSN 0362-4331. Retrieved 2019-08-28.
  2. Potempa, Philip. "Dr. Scholl's has left a footprint in Northwest Indiana". chicagotribune.com. Retrieved 2019-10-18.
  3. Honan, William H. (2002-03-23). "William Scholl, 81, Designer Of a Sandal That Set a Trend". The New York Times. ISSN 0362-4331. Retrieved 2019-08-28.
  4. Reuters (1987-06-27). "COMPANY NEWS; Schering to Sell Foreign Assets". The New York Times. ISSN 0362-4331. Retrieved 2019-08-28.
  5. Chaudhuri, Saabira. "Failed Foot-Care Gadget Trips Up Reckitt". WSJ. Retrieved 2019-08-28.
  6. "Aurelius buys Scholl shoe business from Reckitt Benckiser". Reuters. 2014-07-21. Retrieved 2019-08-28.
  7. Singer, Natasha (2009-03-09). "Merck to Buy Schering-Plough for $41 Billion". The New York Times. ISSN 0362-4331. Retrieved 2019-08-28.
  8. Rizvic, Veneta (23 July 2019). "Bayer agrees to sells its Dr. Scholl's Business". www.bizjournals.com. Retrieved 2019-08-28.
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