Coach parent Tapestry to sell Stuart Weitzman footwear brand for $105 million [Yahoo! Finance Canada]
Caleres, Inc. (CAL)
Last caleres, inc. earnings: 3/12 04:10 pm
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Source: Yahoo! Finance Canada
The divestment comes months after Tapestry and Michael Kors-owner Capri abandoned their $8.5 billion merger following a legal challenge. "Stuart Weitzman will be a lead brand for Caleres, and with this combination the brand portfolio segment will generate nearly half of our total revenue and will continue to generate over half of our operating profit," said Caleres CEO Jay Schmidt. Caleres also houses Sam Edelman and Vince. Tapestry witnessed strong demand for Coach's Tabby handbags in the reported quarter, while Kate Spade and Stuart Weitzman lagged. The deal is expected to close in the summer of 2025, the companies said. (Reporting by Savyata Mishra in Bengaluru; Editing by Sriraj Kalluvila) Recommended Stories
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CAL
News
- Caleres declares $0.07 dividend [Seeking Alpha]Seeking Alpha
- Caleres Declares Regular Quarterly DividendBusiness Wire
- Caleres Q3 profit plunges on margin pressure [Yahoo! Finance]Yahoo! Finance
- CAL Q3 CY2025 Deep Dive: Margin Pressures and Integration Challenges Weigh on Outlook [Yahoo! Finance]Yahoo! Finance
- Caleres Inc (CAL) Q3 2025 Earnings Call Highlights: Strong Brand Portfolio Growth Amidst Margin ... [Yahoo! Finance]Yahoo! Finance
CAL
Earnings
- 12/9/25 - Miss
CAL
Sec Filings
- 12/11/25 - Form 10-Q
- 12/9/25 - Form 8-K
- 12/4/25 - Form SCHEDULE
- CAL's page on the SEC website