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Caleres news and archive

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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...

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Business

Caleres to acquire Stuart Weitzman from Tapestry Inc. for $105 million

Tapestry, Inc., the parent company of several leading accessories and lifestyle brands, including Coach and Kate Spade New York, has announced the sale of its Stuart Weitzman brand to Caleres, a portfolio of consumer footwear brands, for 105 million dollars in cash today. Caleres stated that it aims to fund the acquisition through the company’s...

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