Fourth quarter sales knock Caleres - footwearbiz: Leading site for glo

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Fourth quarter sales knock Caleres

22/03/2016
Footwear group Caleres, formerly Brown Shoe, has reported a 2% rise in sales for 2015 to $2.6 billion.

Its CEO, Diane Sullivan, said the fourth quarter had been difficult. “We cut through the noise in the marketplace during the holiday season and delivered improved gross and operating margin, while maintaining our inventory position," she said.

The company expects the fourth-quarter challenges to continue into the first half of this year.

Related stories:

Allen Edmonds helps Caleres finish strongly 22/03/2017
Caleres acquires Allen Edmonds 15/12/2016
Caleres is benefiting from strategy 24/11/2016
US shoe sales down in March 27/04/2016
Two Ten Footwear Foundation raises record $3m 04/01/2016
Caleres reports flat sales but ‘good performance’ in third quarter 30/11/2015
Caleres names brand president 30/10/2015
Caleres happy with first half results 01/09/2015
Caleres names six finalists in emerging designer competition 17/08/2015
Name change for expanding Brown Shoe 21/04/2015
Busy time for growing Brown Shoe 03/12/2014

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