Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of ...
Global fashion house Tapestry has agreed to sell its luxury footwear brand, Stuart Weitzman, to Caleres in $105m cash deal.
Caleres (NYSE:CAL) shot higher in Wednesday trading after striking a deal to acquire the Stuart Weitzman brand from Tapestry ...
The news comes just months after a federal judge blocked Tapestry’s planned $8.5 billion acquisition of Michael Kors parent ...
Tapestry, the owner of accessible luxury brands including Coach, has sold footwear brand Stuart Weitzman to Blowfish Malibu ...
The deal reflects a new narrative for Tapestry, which will now focus on its Coach and Kate Spade brands after its ...
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.
Tapestry has sold Stuart Weitzman to Caleres (the group that owns Sam Edelman and Famous Footwear, along with the footwear ...
Caleres acquires Stuart Weitzman from Tapestry for $105 million, strengthening its position in women's fashion footwear. Deal ...
Tapestry will now focus on Coach and Kate Spade, while Caleres strengthens its position in the women's market.
Tapestry, Inc., the parent company of several leading accessories and lifestyle brands, including Coach and Kate Spade New ...