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Driven by Famous Footwear, Caleres Q1 sales rise 60.8 percent

Caleres net sales for the first quarter were 638.6 million dollars, up 60.8 percent from the first quarter of fiscal 2020. The company reported 108.2 percent sales increase in the Famous Footwear segment and 15.2 percent sales increase in the Brand Portfolio segment. Total company owned ecommerce website sales increased 21.4 percent, with...

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Business

Caleres sales decline by 33.4 percent for Q2

For the second quarter, Caleres net sales were 501.4 million dollars, down 33.4 percent with direct-to-consumer sales representing 80 percent of total net sales. The company reported a 20.5 percent sales decline in the Famous Footwear segment with comparable stores sales up 14.7 percent during the quarter and a 48.9 percent sales decline in the...

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Caleres acquires majority stake in Blowfish Malibu

Caleres has said through a statement that it acquired a controlling interest in Blowfish Malibu, which had trailing 12-month revenue of approximately 27 million dollars. The company added that Blowfish Malibu footwear collection is curated to reflect the fresh, laid-back aesthetic that defines the California lifestyle and honours the spirit of...

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