Caleres Inc
Business Description
Caleres, Inc., originally founded as Brown Shoe Company, Inc. in 1878 and incorporated
in 1913, is a global footwear retailer and wholesaler. In May 2015, the shareholders
of Brown Shoe Company, Inc. approved a rebranding initiative that changed the
name of the company to Caleres, Inc. (the "Company"). Current activities
include the operation of retail shoe stores and e-commerce websites as well
as the design, sourcing and marketing of footwear for women and men. Our business
is seasonal in nature due to consumer spending patterns, with higher back-to-school
and Christmas season sales. Traditionally, the third fiscal quarter accounts
for a substantial portion of our earnings for the year.
|
