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Brown Shoe Company

US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse

7 January 2016 | Michelle Russell and Katie Smith

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. ... read more


US Q1 in brief: Finish Line, Cherokee, Destination Maternity

26 June 2015 | Michelle Russell and Katie Smith

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. ... read more


Brown Shoe new name Caleres takes effect

29 May 2015 | Michelle Russell

Shareholders of Brown Shoe Co have approved the company's new name, Caleres, as part of a rebranding initiative.... read more


Brown Shoe to rebrand as Caleres and launch men's line

20 April 2015 | Katie Smith

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.... read more


Brown Shoe Q4 earnings up but cautions on H1

11 March 2015 | Michelle Russell

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.... read more


Famous Footwear deploys inventory optimisation tool

13 January 2015 | Katie Smith

Brown Shoe-owned Famous Footwear has deployed Quantum Retail's Q Allocation and Replenishment solution to help optimise inventory.... read more


UPDATE: Coach to acquire Stuart Weitzman for $574m

7 January 2015 | Katie Smith

A US analyst has described Coach's planned acquisition of shoe brand Stuart Weitzman as "a reasonable deal," but suggests the "timing is confusing."... read more


Brown Shoes divests online Shoes.com unit

16 December 2014 | Michelle Russell

Footwear retailer Brown Shoe has sold its online business, Shoes.com, as it looks to invest in more strategic omnichannel, online and mobile efforts.... read more


PE firm Advent "finalist" for Stuart Weitzman

12 December 2014 | Michelle Russell

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.... read more


Stuart Weitzman silent on Brown Shoe "deal"

5 December 2014 | Michelle Russell

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.... read more


Brown Shoe ups guidance after Q3 profit rise

26 November 2014 | Katie Smith

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.... read more


US: Brown Shoe Co invests in manufacturer Jack Erwin

19 September 2014 | Michelle Russell

Footwear business Brown Shoe Company has invested in high-quality men's shoe manufacturer Jack Erwin.... read more


US: Brown Shoe benefits from realignment in Q2

28 August 2014 | Michelle Russell

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.... read more


US: Brown Shoe “optimistic” after Q1 profit

29 May 2014 | Richard Woodard

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.... read more


US: Brown Shoe Q4 profit rises on higher sales

14 March 2014 | Katie Smith

US footwear firm Brown Shoe Co has booked a 55% hike in fourth-quarter net profit, thanks to higher sales and improved margins.... read more


US: Diane Sullivan adds chairman title at Brown Shoe

4 February 2014 | Leonie Barrie

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.... read more


US: Brown Shoe posts third-quarter profit growth

26 November 2013 | Katie Smith

Brown Shoe Company today (26 November) raised its full-year earnings guidance after reporting a 12.4% jump in third-quarter profit.... read more


US: Brown Shoe Co lifts outlook on Q2 profit

27 August 2013 | Katie Smith

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.... read more


US: Kellwood signs license for Sam Edelman apparel

7 August 2013 | Katie Smith

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.... read more


CANADA: Famous Footwear expands with first store

1 August 2013 | Katie Smith

Branded footwear retailer Famous Footwear is expanding outside of the US by opening its first in Canada in Toronto, Ontario, today (1 August).... read more


US: Sullivan adds chairman title at Brown Shoe

4 June 2013 | Katie Smith

Brown Shoe Company president and chief executive officer Diane Sullivan will add chairman to her title in February when Ron Fromm steps down.... read more


US: Brown Shoe swings to Q1 loss

29 May 2013 | Katie Smith

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.... read more


US: Brown Shoe sells Avia and Nevados brands for $74m

15 May 2013 | Katie Smith

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.... read more


US: Brown Shoe returns to profit in fourth-quarter

18 March 2013 | Katie Smith

Footwear retailer Brown Shoe Company has returned to profit during the fourth quarter, helped by higher sales and a restructuring of its business.... read more


US: Target launches Sam & Libby footwear collection

27 November 2012 | Katie Smith

Discounter Target Corp has launched a footwear collection in collaboration with designers Sam & Libby. ... read more


US: Brown Shoe raises full year forecast on strong Q3

20 November 2012 | Petah Marian

Brown Shoe Company has raised its full year forecast after posting a strong third quarter result, helped by a good back-to-school performance. ... read more


US: Jockey names Norfleet as president and COO

25 October 2012 | Petah Marian

Underwear company Jockey has named Bryan Norfleet as president and chief operating officer. ... read more


US: Brown Shoe acquires Sam & Libby brand

10 September 2012 | Katie Smith

Footwear firm Brown Shoe Co has acquired the Sam & Libby footwear brand from The Jones Group.... read more


US: Charges impact Brown Shoe Q2 results

28 August 2012 | Richard Woodard

Footwear business Brown Shoe Company has posted another net loss in its second quarter, but returned to profitability on an underlying basis.... read more


US: Libby Edelman to rejoin Sam Edelman brand

21 August 2012 | Petah Marian

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. ... read more


US: Finish Line hires Beidler as SVP of store operations

15 August 2012 | Katie Smith

US sportswear retailer The Finish Line has appointed Greg Beidler as senior vice president of store operations.... read more


US: Footwear firms divided on TPP trade talks

19 July 2012 | Leonie Barrie

An ongoing debate about tariffs on foreign-made shoes stepped up this week after executives from US-based athletic shoe maker New Balance lobbied for Congressional support for domestic footwear manufacturing - while officials at footwear retailers and importers urged an end to the duties.... read more


Top stories on just-style this week...

6 July 2012 | Katie Smith

The most-read stories on just-style this week include just-style's June management briefing focusing on fast fashion, N Brown announcing the retirement of its CEO and chairman, and a report that Nicaragua's potential as a major footwear supplier is attracting interest from the likes of Clarks, Dillard's and Brown Shoe Company.... read more


Nicaragua making steps as a footwear supplier

4 July 2012 | Leonie Barrie

From a near standing start less than two years ago, Nicaragua's potential as a major footwear supplier to the US and Europe is already attracting interest from brands and retailers including Geox, Clarks, Dillard's and Brown Shoe Company.... read more


US: Brown Shoe appoints Hammer CFO as Hood resigns

30 May 2012 | Katie Smith

Footwear firm Brown Shoe Coompany has named Russ Hammer as chief financial officer, replacing Mark Hood.... read more


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