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Allen Edmonds Marks 100-Year Milestone with New Campaign & Receives Its Own...
Allen Edmonds is marking its 100th birthday with a new campaign lensed by portrait photographer Billy Kidd, where he documents 100 people, each wearing the Allen Edmonds’ best-selling Park Avenue...
View ArticleIn Major Move at Caleres, Jay Schmidt to Take CEO Reins, Diane Sullivan Will...
Diane Sullivan, who has spent more than a decade dramatically evolving Caleres Inc., is taking on a new role at the company. The chairman and CEO, one of the highest-ranking women in the industry, will...
View ArticleCaleres Beats Q1 Estimates Despite Overall Sales Decline
Caleres surpassed analyst expectations for Q1 despite an overall sales decline. Net earnings in the quarter were $34.7 million, or earnings per diluted share of $0.97, compared to net earnings of...
View ArticleCaleres Shares Rise as It Sees Sequential Sales Improvement in Q2
Shares for Caleres rose 17 percent in morning trading after the footwear company saw sequential sales improvement in the second quarter. On Thursday, the St. Louis-based company reported that net...
View ArticleHow Allen Edmonds and Vionic Could Deliver Future Growth for Caleres
Caleres is investing in its owned brands to deliver future growth. Jay Schmidt, president and CEO of Caleres, told analysts on the company’s quarterly conference call on Thursday that its Lead Brands...
View ArticleCaleres Promotes Natelle Baddeley to Chief Design and Product Officer
Caleres has promoted Natelle Baddeley to become the footwear company’s first chief design and product officer. She will report to Caleres president and CEO Jay Schmidt. In this new role, the company...
View ArticleCaleres Introduces New Sustainability Benchmark Across Its Footwear Brand...
Caleres is taking its sustainability efforts one step further with the launch of a new program. On Thursday, the St. Louis-based footwear company introduced the “One Planet Standard,” a new...
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Caleres Sees Q3 Profit Rise on Strength of Brand Portfolio, Shares Up
Caleres updated its full year 2023 sales outlook and tightened its earnings per share range following continued soft consumer demand environment in its Famous Footwear segment in the third quarter. On...
View ArticleCaleres CEO: Brand Portfolio Has Been ‘Transformed’ and ‘Readied’ for...
Caleres president and CEO Jay Schmidt doubled down on the success of the company’s owned brand portfolio on Tuesday, telling analysts on its third quarter earnings call that the business segment...
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Famous Footwear to Open More ‘Flair’ Concept Stores as Retailer Sees Sales...
Caleres president and chief executive officer Jay Schmidt revealed new details on Tuesday about how the company’s “Flair” — which stands for “Famous Localized and Immersive Retail” — concept stores...
View ArticleCaleres Says 93% of Owned Products Contain At Least One ‘Environmentally...
Caleres is seeing progress towards its 2025 environmental, social, governance (ESG) goals, according to its new 2023 ESG report. Released on Tuesday, the new report touches on the St. Louis-based...
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Caleres Reports Mixed Q1 Results, Says Famous Footwear Market Share in Kids’...
Caleres delivered mixed first-quarter earnings on Thursday as the company continued to show momentum in its brand division and captured more market share in the kids’ segment at Famous Footwear....
View ArticleCaleres Misses Q2 Sales Following Later Than Expected Back-to-School Sales...
Caleres is lowering its yearly guidance following a reported sales below its expectations in the second quarter. According to the St. Louis-based footwear company, net sales in the second quarter of...
View ArticleHere’s How Last-Minute Shoppers Impacted Famous Footwear’s Back-to-School...
While some footwear companies touted that their back-to-school selling seasons were a success, Caleres did not see the same result, with business coming later than expected in the second quarter....
View ArticleSoft Boot Demand and Late Athletic Deliveries Hit Caleres Q3 Sales
Caleres is lowering its yearly guidance after reporting performance below its expectations in the third quarter of 2024. According to the St. Louis-based footwear company, net sales in Q3 were $740.9...
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