Busy time for growing Brown Shoe

03/12/2014
The American Apparel & Footwear Association (AAFA) has named “leaders to be honored” as part of its American Image Awards, held next April.

Brown Shoe Company will be “honoured” in the Company of the Year category and the prize will be collected by its CEO, Diane Sullivan.

AAFA CEO Juanita Duggan said “The AIA honorees are giants in the fashion industry, and I congratulate them for their achievements.” 

Meanwhile, Brown could be in the running to buy Stuart Weitzman in a deal that could reach $1 billion, according to sources quoted by Reuters.

Brown’s third quarter earnings rose 21% to $33.1 million, while sales rose 3.8% to $729.3 million.