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Caleres reports flat sales but ‘good performance’ in third quarter

30/11/2015

Footwear group Caleres, formerly Brown Shoe, has reported a “good performance in a challenging environment” for the third quarter. Sales of $728.6 million were flat compared with Q3 2014 ($729.3 million). Excluding sales from Shoes.com, which was sold in December of 2014, sales were up 1.8%. Brand portfolio sales were up 2.7% for the first...

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