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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.

The Associated Press - Busines… · 2d

Tapestry pens pact to sell Stuart Weitzman brand to 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, for $105 million in cash.

Seeking Alpha on MSN · 2d

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.

2d

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 ...

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