US brand Caleres to acquire iconic Stuart Weitzman brand from Tapestry
Caleres will acquire Stuart Weitzman from Tapestry, Inc for $105 million, enhancing its leadership in women’s fashion footwear. CEO Jay Schmidt aims to honour the brand’s legacy while expanding globally. Tapestry CEO Joanne Crevoiserat views the sale as a strategic step. The deal, closing in summer 2025, will be funded through Caleres’ revolving credit agreement.
Caleres will acquire Stuart Weitzman from Tapestry, Inc for $105 million, enhancing its leadership in women’s fashion footwear.
CEO Jay Schmidt aims to honour the brand’s legacy while expanding globally.
Tapestry CEO Joanne Crevoiserat views the sale as a strategic step.
The deal, closing in summer 2025, will be funded through Caleres’ revolving credit agreement.
