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Agreement in place for Caleres to acquire Stuart Weitzman

20/02/2025
Agreement in place for Caleres to acquire Stuart Weitzman

Footwear group Caleres has signed a definitive agreement to acquire the Stuart Weitzman brand from Tapestry. It said it will pay $105 million for the deal, “subject to customary adjustments”, and that the acquisition cement its “leadership position in women’s fashion footwear, particularly in the contemporary segment of the market”.

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