Stetson learned the trade in his father's New Jersey shop, then headed west for his health and made himself a rugged beaver-felt hat while panning for gold in Colorado. Returning east in 1865, he built that experience into the Boss of the Plains — high-crowned, wide-brimmed, lightweight and waterproof. He sent sample hats to merchants across the Southwest, and within a decade the name Stetson was nearly synonymous with the word "hat" in the West.
At its peak the company was the world's largest hatmaker, producing millions of hats a year from a Philadelphia factory spread over nine acres, and dressing legends from Buffalo Bill to Annie Oakley; the Royal Canadian Mounted Police still wear a Stetson with their Red Serge. After closing its Philadelphia plant in 1971, Stetson continued through licensing, and today the name carries western and fashion hats, fragrance, apparel, footwear, belts and bourbon.