The St. Louis, Missouri-based footwear group announced on Tuesday that it has acquired a controlling interest in Californian casual shoe brand Blowfish Malibu, which has a trailing 12-month revenue of some $27 million.
Caleres announced today that Rick Ausick, president of Famous Footwear, will retire as part of a succession plan for the company this year. Ausick will remain involved in daily operations throughout the transition.
Sam Edelman Lifestyle is launching a new denim collection in partnership with Los Angeles-based Global Brands Group Denim West. The debut denim collection adds a new category to the lifestyle brand's product assortment.