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Famous Footwear Owner to Raise Prices Next Year

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Caleres’ record third quarter delivered the highest quarterly earnings in company history on net profit of $59.6 million and a 21.1 percent sales increase to $784.2 million. With the momentum continuing in its underlying business, the footwear operator now expects record adjusted earnings per share between $3.80 and $3.90 for fiscal year 2021. In a…

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