Caleres Gets Boost from Athleisure Styles
Newness in fashion sneakers and the white court shoe explosion has helped CAL offset weak sandal sales in the spring/summer selling season, the company shared at the Piper Sandler Growth Frontiers Conference. The Famous Footwear parent touted improved speed-to-market and clearer distribution for owned and national brands, chasing a customer shift to multi-occasion comfort styles—headlined by fashion sneakers—in recent months after the post-lockdown dress shoe rebound in the prior year. The recovering supply chain has meant higher AUR on less frontloading of store stock and ability to chase throughout selling seasons. ... Log in to view full article.