Brown Shoe reports Q3 results
04/12/2013
These figures deliberately fail to take into account sales of brands and businesses that Brown Shoe has now exited as part of its “portfolio realignment”, otherwise the 2013 figure would show a decline.
Chief executive, Diane Sullivan, said she was pleased with a 4.9% increase in same-store sales and an increase of 4.5% in wholesale revenues. The company said there was also strong growth in slaes of its Sam Edelman and Franco Sarto fashion footwear brands.
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