Caleres is lowering its yearly guidance following a reported sales below its expectations in the second quarter. According to the St. Louis-based footwear company, net sales in the second quarter of 2024 were $683.3 million, down 1.8 percent from $695.5 million in the second quarter of 2023. Net earnings in the period were 30.0 million, […]
Caleres is seeing progress towards its 2025 environmental, social, governance (ESG) goals, according to its new 2023 ESG report. Released on Tuesday, the new report touches on the St. Louis-based footwear company’s notable ESG achievements over the last year including the launch of the One Planet Standard, a designation for its products that meet the […]
Caleres is banking on its owned brands and the millennial family for its continued growth over the next few years. At its investor day on Thursday, the St. Louis-based footwear company gave an update into each of its business units and laid out its three-year strategic plan. This new roadmap focuses on four pillars including growing its […]
Caleres has promoted Natelle Baddeley to become the footwear company’s first chief design and product officer. She will report to Caleres president and CEO Jay Schmidt. In this new role, the company said in a statement that Baddeley will now have creative oversight for the majority of the Caleres brand portfolio, including Naturalizer, Vionic, Dr. Scholl’s, Veronica Beard, […]