Caleres unveils China expansion plans - leatherbiz: Leading news site Leatherbiz

News

Caleres unveils China expansion plans

09/07/2019
Footwear group Caleres has launched a new joint venture that will see it distribute footwear from its brand portfolio in the greater China region. It said this includes Hong Kong, Macau and Taiwan. Its partner in this venture is Brand Investment Holding, part of the Gemkell group.

Naturalizer and Sam Edelman will be the first brands to be distributed as part of this venture. They will be sold across multiple channels, including branded retail stores and e-commerce sites. Both will be available online from the summer of 2019, while Naturalizer will open a store in Beijing and Sam Edelman a store in Shanghai. Further store openings are expected.

Making this announcement, Diane Sullivan, CEO of Caleres, said: “We believe now is the right time to significantly expand our presence in China and are beginning with Naturalizer, as we look to create fresh momentum with the Chinese consumer, and are also aggressively building on the strong foundation Sam Edelman has established in China over the past few years.”

Related stories:

Leather target among Caleres' five-year goals 23/04/2021
‘Bohemian’ leather shoe brand set for relaunch 30/07/2019
Strong start to the year for Caleres 04/06/2019
New brand acquisitions contribute to Caleres growth 25/03/2019
Flat revenue for Caleres in third quarter 23/11/2018
Expanding Caleres reports successful first half 05/09/2018
Caleres benefits from “strategic shift to in-house fulfilment” 04/06/2018
Caleres celebrates “outstanding year” 20/03/2018
Caleres keeps its eye on the weather 22/11/2017
Caleres forms new men’s and international division 18/07/2017

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.