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Caleres acquires Allen Edmonds for 255 million dollars

Caleres has announced the acquisition of Allen Edmonds from Brentwood Associates for 255 million dollars. The company said, this US-based men’s premium handcrafted leather footwear and accessories label will help Caleres to expand its brand portfolio and establish its presence in men’s footwear segment. “The addition of Allen Edmonds to the...

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