Global fashion house Tapestry has agreed to sell its luxury footwear brand, Stuart Weitzman, to Caleres in $105m cash deal.
Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of ...
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 ...
The deal allows the Coach owner to double down on its handbag brands, which have recently driven it to record growth.
(Reuters) -Coach parent Tapestry will sell its Stuart Weitzman brand to Dr Scholl's footwear owner Caleres for $105 million ...
NEW YORK (AP) — Tapestry Inc. says it has penned an agreement to sell the Stuart Weitzman brand to Caleres, a portfolio of ...
Caleres (CAL) acquires luxury footwear brand Stuart Weitzman for $105M, aiming to preserve its legacy and drive growth.
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.
Tapestry is selling off Stuart Weitzman to Famous Footwear and Sam Edelman parent Caleres for $105 million in cash.