Caleres
Caleres with loss of 345.8 million dollars
The US-based retailer presented first quarter results for the period ended on the 2nd of May, with net sales declining by 42%. Caleres had a loss of 345.8 million dollars in the period
Caleres reopening strategy
Caleres began to reopen retail stores in areas where restrictions have been relaxed or lifted, and by the end of May it expects to have 435 of its locations re-open
Caleres expands liquidity position
The St. Louis-based company has exercised a portion of the accordion feature on its asset-based revolving credit facility, which increased the available borrowing capacity under the facility to a total of 600 million US dollars
Caleres sales up by 3.1%
Despite the decline in consolidated sales in the fourth quarter (-3.0%), Caleres closed the year with a 3.1% increase in consolidated sales
Caleres anticipates 3% decline in sales
The US-based footwear company reported preliminary fourth quarter consolidated net sales and is anticipating a 3% decline. Implications of the Coronavirus are still being assessed
Caleres names John McPhee President for Sam Edelman
John McPhee will join the company as the president of the Sam Edelman brand, reporting directly to Sam Edelman. He joins Caleres from Herman Miller Retail, where he served as President and Chief Operating Officer since 2010
Caleres reports third quarter results
The US-based footwear company has announced consolidated sales of 792.4 million US dollars, up by 2.1% compared to similar period in 2018. Accumulated growth in the year reaches 5%
Caleres updates strategic growth plan and financial targets
The US-based footwear giant underlined its focus on customer, products and innovation to ensure a winning strategy. Caleres also introduced its 2022 financial targets
Record sales for Caleres
The St. Louis-based footwear group has announced second quarter and first half results. Caleres registered record second quarter sales of 752.5 million US dollars, up by 6.5% year-over-year
Caleres' joint venture to expand distribution in China
The US-based footwear giant will begin to distribute footwear in greater China, including Hong Kong, Macau and Taiwan, through a joint venture with Brand Investment Holding, a member of the Gemkell Group
Caleres acquires Vionic
The St. Louis-based footwear group has announced it has acquired Vionic Group for 360 million US dollars, subject to certain adjustments. The deal allows Caleres to continue to expand its brand portfolio and gives it additional access to the growing contemporary comfort footwear category
Caleres acquires majority stake in Blowfish Malibu
The St Louis-based company announced it has acquired a controlling interest in Blowfish Malibu, which has trailing 12-month revenue of approximately 27 million US dollars
Caleres reports continued improvement in net earnings
The St. Louis-based footwear giant reported its first quarter 2018 financial results, marked by stable sales. Based on that the company remains on track for 2018 and is maintaining our guidance for the year
Rick Ausick announces retirement
Caleres announced Rick Ausick, President of Famous Footwear, will retire in 2018 as part of a planned succession. Ausick, and his leadership team, have been integral in developing and executing Famous Footwear’s strategic plan
Caleres keeps on the growing path
Despite the impact of the hurricanes and the warm fall, the US-based footwear group posted positive growth of 5.8% in sales in the third quarter. Annual guidance was reaffirmed-
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