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.
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 ...
Caleres (NYSE:CAL) shot higher in Wednesday trading after striking a deal to acquire the Stuart Weitzman brand from Tapestry ...
With the sale to Caleres, "Tapestry’s plans of being a large luxury house are not happening," according to an analyst.
Tapestry is selling off Stuart Weitzman to Famous Footwear and Sam Edelman parent Caleres for $105 million in cash.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it has signed a ...
Tapestry Inc. says it has penned an agreement to sell the Stuart Weitzman brand to Caleres, a portfolio of footwear brands, for $105 million in cash NEW YORK -- Tapestry Inc. says it has penned an ...
Tapestry will now focus on Coach and Kate Spade, while Caleres strengthens its position in the women's market.