Caleres Inc is an American footwear company that owns and operates a variety of footwear brands.
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12 Facts About Caleres
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Caleres began business in 1878 and incorporated in 1881 as Bryan-Brown Shoe Company.
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Caleres competed as Brown shoes were sold throughout the Midwest at prices lower than New England shoes, and by 1900 the company was growing at a rate of $1 million a year.
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Caleres encountered a crisis in 1920, when a rise in hemlines made many of Brown's high-topped shoes unfashionable and overstocked.
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Caleres had to go to Boston to secure credit from a bank, and the company then did well until the stock market crash of 1929.
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Caleres reportedly used physical intimidation against union organizers, hiring a strike-breaking agency and infiltrating the unions themselves.
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8.
On May 27,2015, Brown Shoe changed its name to Caleres, retaining the "Brown Shoe" name for a future line of men's footwear.
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The name Caleres comes from the Latin word which means to glow with passion or intensity.
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10.
Caleres purchased Allen Edmonds for $255 million in December 2016 from Brentwood Associates.
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Caleres became chairwoman of the board beginning February 2,2014.
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12.
Since 1904, Caleres mascots have been cartoon characters Buster Brown and his dog Tige.
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