Coach parent Tapestry to sell Stuart Weitzman footwear brand for $105 million
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Tapestry, the parent company of Coach, is selling its Stuart Weitzman footwear brand to Caleres for $105 million in cash.
February 19, 2025 | 12:30 pm
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POSITIVE IMPACT
Caleres is acquiring the Stuart Weitzman brand from Tapestry for $105 million, which could enhance its product portfolio and market presence.
The acquisition of Stuart Weitzman by Caleres could strengthen its market position and diversify its product offerings, potentially boosting revenue.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Tapestry is divesting its Stuart Weitzman brand to Caleres for $105 million, which could streamline its operations and focus on core brands.
The sale of Stuart Weitzman allows Tapestry to focus on its core brands, potentially improving operational efficiency and financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100