Caleres news and archive

Caleres reports revenue growth amid Stuart Weitzman integration

US footwear group Caleres has announced its financial results for the fourth quarter and full fiscal year ending January 31, 2026, revealing a period of strategic transition marked by the integration of the Stuart Weitzman brand. The St. Louis-based company reported a fourth quarter net sales increase of 8.7 percent to 695.10 million dollars,...

Featured

Fashion |In Pictures

Naturalizer unveils debut collaboration with June Ambrose

Celebrity stylist June Ambrose, who has worked with Jay-Z and Missy Elliott and was a creative partner with Puma, has unveiled her first collaboration with Caleres’ women’s footwear brand Naturalizer as the brand's global ambassador and guest creative director. Drawing on her experience combining sport and fashion, fashion disruptor Ambrose has...

People

Caleres names new division president of its New York brands

Footwear company Caleres, which includes Famous Footwear, Sam Edelman, Stuart Weitzman, Allen Edmonds, Naturalizer, and Vionic, has appointed fashion veteran Kristen Sosa as division president of brand portfolio - New York brands. In the newly created role, Sosa, who has more than 30 years of leadership experience across luxury, fashion, and...

People

Caleres appoints Dan Karpel as interim chief financial officer

Caleres, the global footwear portfolio behind brands such as Famous Footwear and Sam Edelman, announced a strategic leadership transition within its executive team. Dan Karpel, the company’s senior vice president and chief accounting officer, has been appointed to the additional role of interim chief financial officer, effective immediately....

Member

Business

Stuart Weitzman integration and tariffs drag down Caleres Q3 earnings

Footwear company Caleres reported third quarter 2025 financial results that showed positive sales momentum, but profitability took a significant hit due to costs associated with the recent 108.9 million dollars acquisition of Stuart Weitzman and ongoing tariff pressure. Consolidated sales for the quarter reached 790.1 million dollars, an...

Member

Business

Caleres navigates market uncertainty as Q2 sales decline

Caleres, a portfolio of consumer-driven footwear brands, announced its financial results for the second quarter of 2025, revealing a decline in sales but signs of improving trends. The company's consolidated sales were 658.5 million dollars, a 3.6 percent decrease compared to the previous year. The Brand Portfolio segment sales declined by 3.5...

People

Caleres announces Kathleen Welter as new HR head

Caleres has announced that Kathleen Welter has been appointed as the company's new chief human resources officer. Welter will be responsible for all human resources functions for the company's brands and its over 9,000 employees globally. Her duties will include recruitment, talent management, training, compensation, benefits, and labor law...

Fashion

Athlete Gabby Reece to collaborate with Vionic

Vionic, the footwear brand rooted in biomechanics and the science of movement and part of the Caleres portfolio, has named beach volleyball athlete, bestselling author and podcast host Gabby Reece as its first-ever wellbeing ambassador as it looks to drive brand awareness and authenticity. Reece, who made history as the first female athlete to...

People

Caleres promotes Brian Costello to president of Famous Footwear

Footwear group Caleres, which includes Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer and Vionic, has promoted Brian Costello to division president of Famous Footwear, effective immediately. Costello joined the footwear group in February this year as chief merchandising officer, where he oversaw all the buying and merchandising,...

Member

Business

Tapestry completes sale of Stuart Weitzman to Caleres

Tapestry, Inc., the parent company of brands such as Coach and Kate Spade New York, has completed the sale of its Stuart Weitzman brand to Caleres, a portfolio of footwear brands. The all-cash deal, valued at 105 million dollars, was announced in February this year and marks a strategic move for both companies. For Caleres, the acquisition of...

Member

Business

Caleres secures amended credit agreement ahead of Stuart Weitzman acquisition

US footwear company Caleres has secured an amendment of its existing credit agreement, extending its senior secured asset-based revolving credit facility to June 2030. The deal comes ahead of the company’s acquisition of fellow footwear label Stuart Weitzman, which it is intending to take off the hands of luxury giant Tapestry. Through the...

Member

Business

Caleres reports challenging first quarter, suspends full-year guidance

Footwear company Caleres announced its first-quarter results for the 13-weeks ended May 3, 2025, revealing a significant decline in net sales and profitability compared to the same period last year. The company reported net sales of 614.2 million dollars, a 6.8 percent decrease from the first quarter of 2024. This downturn was observed across...