Stride Rite Helps, Payless Hurts Collective Brands

Despite a 12.1 percent increase in sales for the fourth quarter of 2007, the recently formed Collective Brands group reported a net loss of $46.6 million, which it said was a result of poor traffic in its Payless ShoeSource stores. The loss included a pre-tax purchasing accounting expense of $29 ...

You need to register to continue reading this article

If you already subscribe to Shoe Intelligence, sign in here

barrier_image_SI

Register to continue reading

By registering today you will have access to:

  • 3 industry news articles per month

For full access and to receive in-depth news, analysis and more, become a member today

For more content and resources become a member? View our membership packages.