Global fashion house Tapestry has agreed to sell its luxury footwear brand, Stuart Weitzman, to Caleres in $105m cash deal.
The news comes just months after a federal judge blocked Tapestry’s planned $8.5 billion acquisition of Michael Kors parent ...
Tapestry will now focus on Coach and Kate Spade, while Caleres strengthens its position in the women's market.
The deal reflects a new narrative for Tapestry, which will now focus on its Coach and Kate Spade brands after its ...
(Reuters) -Coach parent Tapestry will sell its Stuart Weitzman brand to Dr Scholl's footwear owner Caleres for $105 million ...
Caleres (CAL) acquires luxury footwear brand Stuart Weitzman for $105M, aiming to preserve its legacy and drive growth.
Tapestry Inc. says it has penned an agreement to sell the Stuart Weitzman brand to Caleres, a portfolio of footwear brands, ...
Tapestry has sold Stuart Weitzman to Caleres (the group that owns Sam Edelman and Famous Footwear, along with the footwear ...
Coach is the leather goods brand that became Tapestry, which also owns Kate Spade. Stuart Weitzman never fit comfortably under Tapestry’s leadership. In 2016, Stuart Weitzman generated $345 ...
Tapestry is selling off Stuart Weitzman to Famous Footwear and Sam Edelman parent Caleres for $105 million in cash.
Tapestry Inc.’s stock fell 1.1% Wednesday after the company announced it is selling its Stuart Weitzman footwear brand ... retain its two other brands — Coach and Kate Spade, both known ...
Tapestry, Inc., the parent company of several leading accessories and lifestyle brands, including Coach and Kate Spade New ...