Brown Shoe Company
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US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse
In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings.
US Q1 in brief: Finish Line, Cherokee, Destination Maternity
First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.
Brown Shoe new name Caleres takes effect
Shareholders of Brown Shoe Co have approved the company's new name, Caleres, as part of a rebranding initiative.
Brown Shoe to rebrand as Caleres and launch men's line
Brown Shoe Company is to change its name and launch a men's footwear business, as it embarks on a rebranding initiative aimed at positioning the business for accelerated growth and global expansion.
Brown Shoe Q4 earnings up but cautions on H1
Footwear retailer Brown Shoe saw its earnings soar in the fourth quarter thanks to a divestment, but cautioned on the potential for product delays in the first half.
Famous Footwear deploys inventory optimisation tool
Brown Shoe-owned Famous Footwear has deployed Quantum Retail's Q Allocation and Replenishment solution to help optimise inventory.
UPDATE: Coach to acquire Stuart Weitzman for $574m
A US analyst has described Coach's planned acquisition of shoe brand Stuart Weitzman as "a reasonable deal," but suggests the "timing is confusing."
Brown Shoes divests online Shoes.com unit
Footwear retailer Brown Shoe has sold its online business, Shoes.com, as it looks to invest in more strategic omnichannel, online and mobile efforts.
PE firm Advent "finalist" for Stuart Weitzman
Global private equity firm Advent International is understood to be one of three finalists in the race for control of US footwear firm Stuart Weitzman.
Stuart Weitzman silent on Brown Shoe "deal"
Sycamore Partners, the owner of Stuart Weitzman Holdings, has declined to comment on reports it has been working on a deal for a sale of the company to footwear business Brown Shoe Company.
Brown Shoe ups guidance after Q3 profit rise
Footwear business Brown Shoe has lifted its full-year earnings guidance, after higher sales and margins resulted in a double-digit increase in third-quarter net profit.
US: Brown Shoe Co invests in manufacturer Jack Erwin
Footwear business Brown Shoe Company has invested in high-quality men's shoe manufacturer Jack Erwin.
US: Brown Shoe benefits from realignment in Q2
Footwear business Brown Shoe Company is continuing to benefit from efforts to realign its portfolio as it revealed growth in earnings and sales in its second-quarter.
US: Brown Shoe “optimistic” after Q1 profit
Footwear business Brown Shoe Company returned to profit in the first quarter of 2014, fuelling optimism for the rest of the first half of the year.
US: Brown Shoe Q4 profit rises on higher sales
US footwear firm Brown Shoe Co has booked a 55% hike in fourth-quarter net profit, thanks to higher sales and improved margins.
US: Diane Sullivan adds chairman title at Brown Shoe
Brown Shoe Company president and chief executive officer Diane Sullivan has added the role of chairman to her title following the departure of Ron Fromm.
US: Brown Shoe posts third-quarter profit growth
Brown Shoe Company today (26 November) raised its full-year earnings guidance after reporting a 12.4% jump in third-quarter profit.
US: Brown Shoe Co lifts outlook on Q2 profit
Footwear firm Brown Shoe Company has lifted its full year earnings guidance after it returned to profit during the second quarter, helped by higher sales and margins.
US: Kellwood signs license for Sam Edelman apparel
US clothing giant Kellwood Company has signed a licensing agreement with footwear firm Brown Shoe to produce women's, junior's and girl's apparel under the Sam Edelman brand.
CANADA: Famous Footwear expands with first store
Branded footwear retailer Famous Footwear is expanding outside of the US by opening its first in Canada in Toronto, Ontario, today (1 August).
US: Sullivan adds chairman title at Brown Shoe
Brown Shoe Company president and chief executive officer Diane Sullivan will add chairman to her title in February when Ron Fromm steps down.
US: Brown Shoe swings to Q1 loss
Footwear business Brown Shoe Company has today (29 May) raised its full-year earnings guidance, even though restructuring costs and weaker sales pushed it to a first-quarter loss.
US: Brown Shoe sells Avia and Nevados brands for $74m
Footwear business Brown Shoe Company has sold its Avia and Nevados labels to brand acquisition and development firm Galaxy Brand Holdings for US$74m, and said it will use the proceeds to pay down debt.
US: Brown Shoe returns to profit in fourth-quarter
Footwear retailer Brown Shoe Company has returned to profit during the fourth quarter, helped by higher sales and a restructuring of its business.
US: Target launches Sam & Libby footwear collection
Discounter Target Corp has launched a footwear collection in collaboration with designers Sam & Libby.
US: Brown Shoe raises full year forecast on strong Q3
Brown Shoe Company has raised its full year forecast after posting a strong third quarter result, helped by a good back-to-school performance.
US: Jockey names Norfleet as president and COO
Underwear company Jockey has named Bryan Norfleet as president and chief operating officer.
US: Brown Shoe acquires Sam & Libby brand
Footwear firm Brown Shoe Co has acquired the Sam & Libby footwear brand from The Jones Group.
US: Charges impact Brown Shoe Q2 results
Footwear business Brown Shoe Company has posted another net loss in its second quarter, but returned to profitability on an underlying basis.
US: Libby Edelman to rejoin Sam Edelman brand
Women's footwear brand Sam Edelman has announced that Libby Edelman will rejoin the company to help drive the marketing and licensing of the brand.
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