Clik here to view.
PS Brands to Market Hind Performance Socks
Englewood, CO—PS Brands is one of the latest licensees to sign on with Collective Licensing International, (CLI), a subsidiary of Collective Brands, in its expansion plans for Hind, a leading...
View ArticleClik here to view.
Buyout Bids Likely for “Bargain Priced” Collective Brands?
Topeka, KS—Collective Brands Inc., parent to Payless ShoeSource, Sperry Top-Sider and Stride Rite, may be purchased for a bargain amount this month if prospective bids for the company come through....
View ArticleClik here to view.
Collective Brands Weighing Final Takeover Offers?
Topeka, KA—Shares of Collective Brands Inc., owner of Payless ShoeSource, continued to rise today amid speculation that the company is in the final throes of completing a takeover deal. The footwear...
View ArticleClik here to view.
Wolverine Wins Bid for Collection Brands?
Topeka, KA—Does Wolverine World Wide and its partners have the foothold in the bidding war to buy Collective Brands Inc., owner of the Payless ShoeSource chain? That’s what two sources close to the...
View ArticleClik here to view.
Wolverine, Golden Gate to Split Up Collective Brands in $1.32 Billion Deal
Topeka, KA and Rockford, MI—Collective Brands will be split up in a $1.32 billion deal where Wolverine World Wide will take over four footwear brands, and private equity firms Blum Capital Partners...
View ArticleClik here to view.
Slower, Softer Footwear Sales Impede Wolverine Q2 Profit
Rockford, MI—Hit by softer footwear sales especially in Europe, Wolverine Worldwide today reported its second quarter profit was down 14%. For the quarter ended June 16, Wolverine reported a profit of...
View ArticleClik here to view.
Collective Brands Sets Up French Subsidiary
Topeka, KA–Footwear company Collective Brands, whose shareholders earlier this week approved a deal to sell it to Wolverine Worldwide and two private equity firms, has set up a subsidiary in France....
View ArticleClik here to view.
Collective Brands Swing into Q2 Profit
Topeka, KA —Footwear retailer Collective Brands Inc. said Friday it turned a profit in the second quarter despite closing hundreds of stores and taking charges related to the pending sale of the...
View ArticleClik here to view.
Wolverine Completes $2 Billion Purchase of Collective Brands
Rockford, MI—Wolverine World Wide Inc., along with investment firms Golden Gate Capital and Blum Capital Partners said today they had completed their $2 billion acquisition of Collective Brands Inc.,...
View ArticleClik here to view.
Softness in Europe Pushes Wolverine Q3 Profit Down 19%
Rockford, MI—When it announced the completion of the $2 billion acquisition of Collective Brands with two private equity firms, Wolverine Worldwide said the addition would add to its earnings by next...
View ArticleClik here to view.
In Restructure, Payless Eliminates 142 Positions
Topeka, Kansas—Payless ShoeSource announced Tuesday that 142 positions worldwide would be eliminated as part of a business restructuring following the close of the sale of its parent, Collective...
View ArticleClik here to view.
Wolverine Swings into Q4 Loss on Costs, But Sales Soar
Rockford, MI—While Wolverine World Wide Inc. reported Tuesday that it swung into a fourth quarter loss due to costs of its purchase of Collective Brands’ Performance + Lifestyle brands, the footwear...
View ArticleClik here to view.
Wolverine Q3 Profit Jumps, Boosted by Its Collective Brands Buys
Rockford, MI—Wolverine World Wide Inc. today reported that its third quarter net earnings grew 66% boosted by contribution of the Collective Brands’ footwear business it bought last year. For the...
View ArticleIn “Strategic Review,” Collective Brands to Close 475 Stores
Topeka, KA–Shares of Collective Brands rose almost 30% in early morning trading after the company said Wednesday it plans to close 475 under-performing Payless ShoeSource and Stride Rite stores in the...
View ArticleCollective Brands Inks Distribution Deals in 4 Markets
Lexington, MA–Collective Brands Inc. today announced that it has signed new distribution agreements with partners to continue the rapid international expansion of several of its Performance + Lifestyle...
View ArticleXtreme Time Signs Licenses for Airwalk, Vision Street Wear Watches
Englewood, CO–All those who get their kicks from skateboards and the ever-expanding extreme sports culture, there soon won’t be an excuse to be late to the next jam. Come Spring 2012, two of the most...
View ArticleSperry Top-Sider to Expands into Accessories with New Licenses
Lexington, MA—Sperry Top-Sider, the inventor of the iconic boat shoe, is sailing into categories beyond footwear. The company, a division of Collective Brands, said today that it signed five new...
View ArticlePayless to Add Franchises in Korea, Southeast Asia
Topeka, KA—As part of its franchise expansion plan calling for 700 additional stores in new and existing countries by 2014, Collective Brands, parent of Payless ShoeSource, announced today two deals...
View ArticleCollective Brands Steps Up Expansion to 10 More Countries
Lexington, MA—Collective Brands continues to step up its global expansion. The footwear giant’s Performance + Lifestyle Group, which includes brands such as Sperry Top-Sider, Saucony, Keds and Stride...
View ArticleCollective Brands Q4 Loss Less Than Expected, Sales Up
Topeka, KA—Collective Brands Inc. Tuesday reported a wider fourth quarter loss but one less expected thanks to sales of its lower priced footwear. For the quarter ended Jan. 28, the company, parent of...
View Article
