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Caleres Misses 2019 Estimates as Virus Headwinds Loom

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

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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