Shoe Firm Caleres Closes $108M Luxury Brand Buy, Names Brand Leader

Shoe firm Caleres closes $108M luxury brand buy, names brand leader

Caleres Acquires Stuart Weitzman

Footwear firm Caleres has bought Stuart Weitzman from Tapestry Inc. for $108.7 million. The acquisition is expected to strengthen the company's standing in the global footwear market. Other shoe brands in Caleres' portfolio include Famous Footwear, Sam Edelman, Naturalizer and Dr. Scholl's Shoes.Caleres Completes Acquisition of Stuart Weitzman, Accelerating Brand Portfolio Growth [press release] For more of the latest in litigation, regulation, …

Caleres Completes Stuart Weitzman Acquisition, Reveals Brand President

Caleres has a new leading brand in its women's shoe portfolio via its Stuart Weitzman purchase from Tapestry Inc. for $108.7 million.

Tapestry completes Stuart Weitzman sale to Caleres

With the departure of the footwear brand, the Coach parent company will focus on its handbag brands, which have proven to be a better fit.

US’ Caleres buys Stuart Weitzman, names Lelonek brand head

Caleres has acquired luxury footwear brand Stuart Weitzman, strengthening its global position and adding to its diverse brand portfolio. Jonathan Lelonek has been appointed brand president. With $220 million in trailing 12-month sales, the brand will now be integrated into Caleres’ portfolio, which will account for nearly half of total revenue.Caleres has acquired luxury footwear brand Stuart Weitzman, strengthening its global position and addin…