All Caleres articles – Page 3
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News briefs
Caleres appoints VP of diversity, equity and inclusion
Caleres has appointed Amy Hunter as vice president of diversity, equity and inclusion. ”Hunter will help drive the company’s diversity, equity and inclusion strategy development and organization, including overseeing the company’s affirmative action plans,” the American footwear company said. Hunter will guide the company in its efforts ...
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Article
How are retailers managing excess stock in Covid-19 times?
Managing stock has always been a tricky part of any business. But it becomes even more so when demand evaporates overnight as occurred with the outbreak of the Covid-19 pandemic and the subsequent lockdowns worldwide, prompting manufacturers and retailers to be nimble and explore various different solutions.
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Article
Caleres to accelerate store closures as e-commerce surges
The Covid-19 pandemic has led to a dramatic surge in the importance of e-commerce in Caleres ’ sales, representing about a third of the company’s revenues in its fiscal first quarter, and prompting it to accelerate the closure of some 160 stores by the end of 2021.
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News briefs
Caleres' results
Caleres ’ preliminary fourth-quarter results show a dip of 3 percent in sales to $700 million, about $53 million short of analysts’ expectations. Its brands – Sam Edelman , Vionic , Via Spiga , Dr. Scholl’s and others – should generate revenues of about $346 million for the quarter, down ...
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News briefs
Caleres appoints president for Sam Edelman
Caleres has appointed John McPhee as president of the Sam Edelman brand. He will report directly to Sam Edelman , the brand’s founder. McPhee joins the American footwear group from Herman Miller Retail , where he has served as president and chief operating officer since 2010. He was president of ...
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Article
Famous Footwear stands out in Caleres’ results
Last week Caleres withdrew its previous financial outlook, which included the estimated impact of the supply chain disruption related to the coronavirus outbreak during the first quarter of the current financial year. Its forecast called for its total revenues to remain flat this year, with those of its Brand Portfolio ...
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