US shoe group Caleres, owner of Sam Edelman and Allen Edmonds (pictured) and retailer Famous Footwear, has reported fiscal year 2023 revenues of $2.82 billion, down 5.1% from fiscal 2022.

However, CEO Jay Schmidt said the group delivered a strong operational performance. “Our fourth quarter results were led by our brand portfolio, which achieved a record-setting performance across key financial metrics, “ he said. 

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