Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of ...
Caleres (CAL) acquires luxury footwear brand Stuart Weitzman for $105M, aiming to preserve its legacy and drive growth.
Tapestry is selling off Stuart Weitzman to Famous Footwear and Sam Edelman parent Caleres for $105 million in cash.
The fashion holding company Tapestry said it had agreed to sell Stuart Weitzman to Caleres, the parent company of Famous Footwear.
(Reuters) -Coach parent Tapestry will sell its Stuart Weitzman brand to Dr Scholl's footwear owner Caleres for $105 million in cash, the companies said on Wednesday. The divestment comes months ...
With the sale to Caleres, "Tapestry’s plans of being a large luxury house are not happening," according to an analyst.
Tapestry TPR1.48%increase; green up pointing triangle has struck a deal to sell its Stuart Weitzman shoe brand to footwear seller Caleres CAL-4.85%decrease; red down pointing triangle for $105 ...
Caleres's brand portfolio includes footwear brands Blowfish Malibu, Sam Edelman, Dr Scholl's and Ryka. Stuart Weitzman will be "a lead brand for Caleres", said CEO Jay Schmidt: "With this combination ...
and always in a pair of sleek Stuart Weitzman shoes. The campaign also marks the launch of Stuart Weitzman's first-ever Sunglasses Collection, an expansion of its luxury accessories lineup.
Tapestry Inc. says it has penned an agreement to sell the Stuart Weitzman brand to Caleres, a portfolio of footwear brands, for $105 million in cash NEW YORK -- Tapestry Inc. says it has penned an ...
Tapestry Inc.’s stock fell 1.1% Wednesday after the company announced it is selling its Stuart Weitzman footwear brand to Caleres Inc. for $105 million in cash. Tapestry TPR will retain its two ...