US: Collective Brands Q2 net down 23%
Lower sales and costs associated with its $900m acquisition of The Stride Rite Corp have pushed Collective Brands, formerly Payless ShoeSource, to a 23% drop in second quarter profit.
Lower sales and costs associated with its $900m acquisition of The Stride Rite Corp have pushed Collective Brands, formerly Payless ShoeSource, to a 23% drop in second quarter profit.