A more agile Caleres emerges from covid-19
Footwear group Caleres has reported revenues of $2.1 billion for the 12 months ending January 30, 2021. This represents a fall of 27.5% compared to the previous year for the group, whose brands include Allen Edmonds, Via Spiga, Sam Edelman and Famous Footwear.
Chief executive, Diane Sullivan, said it had been an unprecedented year because of “the pervasive impact of the pandemic and protracted economic lockdown”. But she said that, while the pace of recovery was still uncertain, there were signs of stabilisation in the marketplace.
Ms Sullivan said Caleres was emerging from a year of covid-19 as “a more agile and focused organisation, with an even more vigorous commitment to connecting with our consumers and providing them with compelling and fresh product when, where and how they want to shop”.
