Originally Posted by JordanH.
i think Nike bought them some years back
You are correct -- Nike did purchase Cole Haan.
J&M gets no love on this forum, but I don't think that they're as bad as people say they are. If you're on a budget and looking for a dependable pair of dress shoes, J&M is a good option, IMO. They are certainly more conservative and even a bit clunky, but they do fine in a professional setting, and they will last forever. Depending on the level of shoe, I think the quality is solid but unspectacular. Not nearly as nice as AE, let alone the higher level brands, but solid.
I would rate J&M above Cole Haan and Kenneth Cole.