Busy time for growing Brown Shoe
03/12/2014
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.