Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of ...
Tapestry has struck a deal to sell its Stuart Weitzman shoe brand to footwear seller Caleres for $105 million in cash.
Caleres (NYSE:CAL) shot higher in Wednesday trading after striking a deal to acquire the Stuart Weitzman brand from Tapestry ...
Tapestry Inc. says it has penned an agreement to sell the Stuart Weitzman brand to Caleres, a portfolio of footwear brands ...
The news comes just months after a federal judge blocked Tapestry’s planned $8.5 billion acquisition of Michael Kors parent ...
The deal reflects a new narrative for Tapestry, which will now focus on its Coach and Kate Spade brands after its ...
Tapestry, the owner of accessible luxury brands including Coach, has sold footwear brand Stuart Weitzman to Blowfish Malibu ...
Tapestry is selling off Stuart Weitzman to Famous Footwear and Sam Edelman parent Caleres for $105 million in cash.
With the sale to Caleres, "Tapestry’s plans of being a large luxury house are not happening," according to an analyst.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it has signed a ...
Tapestry has sold Stuart Weitzman to Caleres (the group that owns Sam Edelman and Famous Footwear, along with the footwear ...
Tapestry will now focus on Coach and Kate Spade, while Caleres strengthens its position in the women's market.