TPR Mergers

Tapestry, Inc. Completes Sale of Stuart Weitzman Brand to Caleres

Published August 04, 2025 at 12:22 PM

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today announced it has successfully closed the previously announced sale of the Stuart Weitzman brand to Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands. Advisors Morgan Stanley & Co. LLC served as Tapestry, Inc.’s financial advisor and Latham & Watkins LLP was its legal advisor. BofA Securities served as Caleres’s financial advisor and BCLP (Brya

Related Questions

Will the sale improve Tapestry’s operating margin by exiting a lower‑margin shoe segment? What is the expected cash proceeds from the sale and how will Tapestry allocate the funds? What guidance or commentary did management provide on the long‑term strategic rationale behind the divestiture? Does the sale position Tapestry for additional strategic acquisitions or portfolio optimization? How will the market price Tapestry’s stock relative to peers after the deal closure? How will the divestiture of Stuart Weitzman affect Tapestry’s earnings per share and revenue guidance? How does the removal of Stuart Weitzman change the weighting of Tapestry’s brand mix and growth exposure? How will Caleres’ valuation and growth prospects be affected by the addition of Stuart Weitzman? What impact will the transaction have on Tapestry’s balance sheet and liquidity ratios? Are there any tax or integration considerations that could influence the post‑sale performance of either company?