Tapestry pens pact to sell Stuart Weitzman brand to Caleres for $105 million in cash [Yahoo! Finance]
Caleres, Inc. (CAL)
Last caleres, inc. earnings: 3/12 04:10 pm
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Source: Yahoo! Finance
Tapestry said Wednesday that selling the brand would enable the fashion company to focus on sustaining the growth of Coach, while reinvigorating sales at Kate Spade. Meanwhile Caleres said that buying Stuart Weitzman would help accelerate sales, with the luxury brand being the lead label in its portfolio. It also owns such labels as Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer and Vionic. “I have long admired Stuart Weitzman for the brand's pivotal role in shaping the footwear industry," said Jay Schmidt, president and CEO of Caleres, in a statement. "As we bring this iconic brand into the Caleres portfolio, we are committed to preserving its legacy of craftsmanship, quality and fit while driving it forward.” The deal comes roughly fo
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CAL
Earnings
- 3/20/25 - Beat
CAL
Sec Filings
- 4/10/25 - Form ARS
- 4/10/25 - Form DEFA14A
- 4/10/25 - Form DEF
- CAL's page on the SEC website