Sam Edelman news and archive

Sam Edelman launches resale programme with Archive

Footwear brand Sam Edelman has unveiled a new resale programme for its products created in partnership with tech platform Archive. Dubbed ‘ReLove’, the peer-to-peer platform will allow customers to list their preloved Sam Edelman shoes for sale on a designated page via the brand’s existing website. Through the technology, customers will be able...

Business

Caleres Q2 earnings up, reiterates forecast

Net sales at Caleres Inc., rose 9.3 percent to 738.3 million dollars in the second quarter, driven by positive momentum in the brand portfolio segment. The company achieved net earnings of 51.2 million dollars and generated a 45.6 percent consolidated gross profit margin. “During the second quarter, Caleres delivered another exceptional...

BusinessFeatured

Caleres revenues and earnings jump

Fourth quarter net sales at Caleres were 679.3 million dollars, up 19 percent from the fourth quarter of fiscal 2020. The company reported 15.9 percent sales increase in the Famous Footwear segment and a 24.4 percent sales increase in the brand portfolio segment. Gross profit for the quarter was 294.8 million dollars, while gross margin was 43.4...

Business

Caleres posts 21.1 percent rise in Q3 sales

Caleres third quarter net sales were 784.2 million dollars, up 21.1 percent from the third quarter of fiscal 2020. The company reported a 26.3 percent sales increase in the Famous Footwear segment; a 12.3 percent sales increase in the brand portfolio segment. Direct-to-consumer sales represented 73.5 percent of total net sales. “Caleres achieved...

Business

Caleres sings JV to expand presence in the Chinese market

Caleres has announced an expansion of its international strategy. The company said, it will begin to distribute footwear in greater China, including Hong Kong, Macau and Taiwan, through a joint venture with Brand Investment Holding, a member of the Gemkell Group. Naturalizer and Sam Edelman will be the inaugural brands and both will be marketed...

Retail

Sam Edelman expands in China

Sam Edelman has announced the opening of three shops in Hong Kong, Shanghai, and Chengdu with luxury retailer Lane Crawford. Lane Crawford will host two exclusive launch events this month in Hong Kong and Shanghai in honor of the store openings. Sam, and his wife and business co-founder, Libby Edelman will be in attendance along with...