Caleres Inc. (BRP)

Overview

Caleres, Inc. is a prominent figure in the footwear industry, offering its services both in retail and wholesale across the United States, Canada, East Asia, and internationally. Initially known as Brown Shoe Company, Inc., the organization underwent a name change to Caleres, Inc. in May 2015, marking a significant milestone in its journey since its inception in 1878. Headquartered in Saint Louis, Missouri, Caleres, Inc. operates through two main segments: Famous Footwear and Brand Portfolio. These segments encompass a wide range of footwear offerings, including licensed, branded, and private-label athletic, casual, and dress footwear products. The company's operations extend beyond physical retail outlets to include a robust online presence through various e-commerce websites, catering to a diverse clientele seeking quality and branded footwear solutions.

Products and Services

Caleres, Inc. boasts an extensive portfolio of footwear, spanning from athletic to casual and dress options, made available under various licensed, in-house, and exclusively branded collections:

• Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr. Martens, Asics, Timberland, Bearpaw, Skechers, HeyDude, Franco Sarto, Rykä, Vince, Bzees, Veronica Beard, and Zodiac: These brand name athletic, casual, and dress shoes are part of Caleres' offerings, providing customers with a wide selection of high-quality footwear.
• LifeStride, Dr. Scholl's Shoes, Blowfish Malibu, and Naturalizer: As part of its company-owned brands, Caleres offers a variety of footwear options designed to meet the diverse preferences and needs of its customer base. Each brand brings its unique approach to style, comfort, and functionality.
• Allen Edmonds: Operating under the Caleres umbrella, Allen Edmonds is well-regarded for its high-quality men's footwear, apparel, leather goods, and accessories, catering to a discerning clientele.
• LifeStride and Franco Sarto: These brands are synonymous with stylish and comfortable footwear for women, with LifeStride focusing on everyday wear and Franco Sarto known for its Italian-inspired designs.
• Rykä: Specifically catering to women, Rykä offers athletic footwear designed with the female foot in mind, balancing style and performance.
• Vince: This collection brings modern, minimalist design to the forefront, offering women's shoe collections that blend effortlessly with contemporary fashion trends.
• Bzees and Veronica Beard: Bzees focuses on comfort without compromise, offering innovative footwear solutions, while Veronica Beard brings a touch of luxury and sophistication to women's footwear.

In addition to its broad retail operations, Caleres, Inc. plays a significant role in wholesaling, designing, sourcing, manufacturing, and marketing footwear to various retail stores—ranging from online retailers and national chains to department stores, mass merchandisers, and independent retailers. This comprehensive approach enables Caleres to maintain a strong presence in the footwear market, meeting the needs of a wide range of customers through both physical and online channels.