Tapestry is selling Stuart Weitzman footwear brand to Caleres to focus on Coach and Kate Spade
The news comes just months after a federal judge blocked Tapestry’s planned $8.5 billion acquisition of Michael Kors parent ...
Tapestry to Sell Stuart Weitzman to Caleres for $105 Mln
Tapestry has struck a deal to sell its Stuart Weitzman shoe brand to footwear seller Caleres for $105 million in cash. Caleres on Tuesday said the deal adds Stuart Weitzman to a portfolio that ...
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Caleres to Acquire Tapestry's Stuart Weitzman for $105 Million
Tapestry will now focus on Coach and Kate Spade, while Caleres strengthens its position in the women's market.
Luxury Shake-Up: Tapestry to sell Stuart Weitzman to Caleres for $105M
Tapestry (NYSE:TPR) on Wednesday announced the sale of its Stuart Weitzman brand to footwear company Caleres (NYSE:CAL) for ...