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Caleres profits, sales gain in 2022

Caleres profits, sales gain in 2022 U.S. footwear company Caleres Famous Footwear The St. Louis-based company said its Famous Footwearbrand portfolio segment sales increased 6.4%, with direct-to-consumer sales representing approximately 75% of total net sales. Likewise, Famous Footwear segment sales declined…

Stitch Fix CEO departs, cuts workforce by 20%

Stitch Fix CEO departs, cuts workforce by 20% Stitch Fix Elizabeth Spaulding – Courtesy The San Francisco-based company said Spaulding will be replaced in interim by founder and former chief executive officer, Katrina Lake, until her successor is appointed. “Stitch Fix…

Caleres prelim 2022 sales beat guidance

Caleres prelim 2022 sales beat guidance ​Caleres Famous Footwear The St. Louis-based footwear company also reported prelim earnings per diluted share of $4.86 to $4.92, with adjusted earnings per diluted share between $4.50 and $4.52, beating previous expectations for adjusted…