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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.

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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).

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Caleres to acquire Stuart Weitzman from Tapestry Inc. for $105 million

Tapestry, Inc., the parent company of several leading accessories and lifestyle brands, including Coach and Kate Spade New ...

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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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