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Caleres acquires Allen Edmonds

15/12/2016
Caleres acquires Allen Edmonds

Footwear group Caleres, formerly Brown Shoe, has completed the acquisition of high-end leather shoemaker Allen Edmonds for $255 million. The company was previously in the hands of private equity firm Brentwood Associates. “The addition of Allen Edmonds to the Caleres brand portfolio allows us to rapidly increase our exposure in men’s footwear,”...

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