ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced Brian Costello has been named division president of Famous Footwear effective immediately. He will continue to report to Jay Schmidt, president and CEO of Caleres. Costello joined Caleres in February this year as chief merchandising officer where he assumed responsibility for all buying and merchandising, including women’s, men’s and kids’ athletic and fashion footwear
Related Questions
Does Costello's background as chief merchandising officer suggest strategic shifts in product mix or brand focus?
Is there any indication of changes in supply chain or inventory strategy under his leadership?
What is the market's perception of this appointment and could it trigger a short‑term price movement?
Could Costello's hiring impact cost of goods sold or margin expectations for CAL?
How does this change compare to recent leadership moves at competing footwear companies?
Will the new division president accelerate expansion or rebranding initiatives for Famous Footwear?
Will the appointment of Brian Costello as division president affect Caleres' earnings outlook?
What are the implications for the upcoming quarterly guidance and FY2025 forecasts?
Might this appointment affect analyst sentiment or lead to revisions in target price?
How might the leadership change influence the performance of the Famous Footwear division?