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Caleres Misses 2019 Estimates as Virus Headwinds Loom

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Footwear powerhouse Caleres Inc. sounded the alarm on outbreak-related full-year impacts Thursday, just days after the Footwear Distributors and Retailers of America urged the U.S. government to cut duties on footwear imports as the coronavirus (COVID-19) pandemic throws business into turmoil. In a Nutshell: Caleres warned of an earnings impact in the range of 15 cents…

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