---
schema_version: "secwatch.filing_event.v1"
accession: "0000014707-25-000049"
form_type: "8-K"
ticker: "CAL"
cik: "0000014707"
company_name: "CALERES INC"
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T20:36:43.239575+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Caleres completes $108.7M acquisition of Stuart Weitzman from Tapestry on Aug 4, 2025

## Summary
- Purchase price of $120.2M gross, net $108.7M after $11.5M cash received; subject to working capital adjustments.
- Stuart Weitzman generated ~$220M in trailing 12-month sales; Caleres expects to return brand to profitability.
- Jonathan Lelonek appointed Stuart Weitzman brand president; previously SVP of global wholesale at the brand.
- Acquisition funded via Caleres' revolving credit agreement; BofA Securities served as financial advisor.
- Brand Portfolio segment to represent nearly half of total revenue post-acquisition.

## SEC filing metadata
- accession: 0000014707-25-000049
- form_type: 8-K
- ticker: CAL
- cik: 0000014707
- company_name: CALERES INC
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14707/000001470725000049/0000014707-25-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14707/000001470725000049/cal-20250804x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014707-25-000049
- JSON: https://secwatch.observer/filing/0000014707-25-000049.json
- Plain text: https://secwatch.observer/filing/0000014707-25-000049.txt

## Key facts
- M&A Transactions
  CALERES INC completed an acquisition involving Tapestry, Inc. for $120.2 million (closed 2025-08-04).
  - Action: acquisition
  - Counterparty: Tapestry, Inc.
  - Consideration: $120.2 million
  - Closing: 2025-08-04
  source text: and Purchase Agreement, dated as of February 16, 2025 (the “Purchase Agreement”), by and between the Company and Seller, as amended. The purchase price for the acquisition was $120.2 million, which included $11.5 million in cash received at the closing. Excluding cash received at the closing, the net purchase price was $108.7 million. The purchase price is subject to
  evidence_url: https://www.sec.gov/Archives/edgar/data/14707/000001470725000049/0000014707-25-000049-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.