Tapestry, Inc. Enters Into Definitive Agreement to Sell Stuart Weitzman Brand to Caleres
NEW YORK, February 19, 2025--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today announced that it entered into a definitive agreement to sell the Stuart Weitzman brand to Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, for $105 million in cash, subject to customary adjustments.