Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of ...
The deal reflects a new narrative for Tapestry, which will now focus on its Coach and Kate Spade brands after its ...
Tapestry Inc. says it has penned an agreement to sell the Stuart Weitzman brand to Caleres, a portfolio of footwear brands ...
Caleres (CAL) acquires luxury footwear brand Stuart Weitzman for $105M, aiming to preserve its legacy and drive growth.
The S&P 500 and the other major indexes have been under fire in the past week, losing much of the gains made in January and ...
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it has signed a ...
With the sale to Caleres, "Tapestry’s plans of being a large luxury house are not happening," according to an analyst.
The news comes just months after a federal judge blocked Tapestry’s planned $8.5 billion acquisition of Michael Kors parent ...
New York City-based Stuart Weitzman is owned by Tapestry, Inc., a fashion company that includes brands such as Coach and Kate ...
Caleres (CAL) has signed a definitive agreement to acquire Stuart Weitzman from Tapestry (TPR), a house of accessories and lifestyle brands, ...
Tapestry will now focus on Coach and Kate Spade, while Caleres strengthens its position in the women's market.
Tapestry has struck a deal to sell its Stuart Weitzman shoe brand to footwear seller Caleres for $105 million in cash.