Holiday-season upturn leaves Caleres confident about record results
21/02/2023
Revenues were just under $3 billion, growth of 7% compared to 2021. The group had anticipated growth of between 4% and 6%. It will confirm the results in March.
Chief executive, Jay Schmidt, said the result demonstrated “the power of our brands, the strength of our platform and the successful execution of our strategies”.
Caleres brands include Famous Footwear, Sam Edelman, Vionic, Naturalizer, Lifestride and Allen Edmonds.
In 2022, Allen Edmonds celebrated its centenary. Caleres acquired the brand in 2016.
IMAGE: Footwear from the Allen Edmonds Cordovan Collection, made from shell cordovan leather supplied by Chicago-based tannery Horween Leather.
CREDIT: Allen Edmonds.
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