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Caleres adds Stuart Weitzman

Why Caleres’ Acquisition Of Stuart Weitzman From Tapestry Is Win/Win For Both

Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of $105 million. It's a win/win for both companies.

Caleres to Acquire Tapestry’s Stuart Weitzman Brand for $105 Million

The deal reflects a new narrative for Tapestry, which will now focus on its Coach and Kate Spade brands after its unsuccessful attempt to purchase Capri last year.

Seeking Alpha on MSN · 3d

Caleres adds Stuart Weitzman as a lead brand, while Tapestry gets leaner

Caleres (NYSE:CAL) shot higher in Wednesday trading after striking a deal to acquire the Stuart Weitzman brand from Tapestry (TPR) for $105 million. Moving forward, Stuart Weitzman will be a lead brand for Caleres (NYSE:CAL).

Footwear News on MSN3d

Caleres to Acquire Tapestry’s Stuart Weitzman for $105 Million

Tapestry will now focus on Coach and Kate Spade, while Caleres strengthens its position in the women's market.

3d

Caleres to buy luxury shoe brand for $105 million

New York City-based Stuart Weitzman is owned by Tapestry, Inc., a fashion company that includes brands such as Coach and Kate ...

4d

Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Global-e Online (GLBE) and Caleres (CAL)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Global-e Online (GLBE – Research Report) and Caleres ...

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