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Caleres Misses 2019 Estimates as Virus Headwinds Loom

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.

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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