Year: 2014

Industry: Apparel, Footwear & Accessories, Direct-to-Consumer / E-Commerce

Service: Sell-Side M&A

Geography: North America

Exclusive Advisor to Caleres on Sale of

Caleres (formerly Brown Shoe), appointed Financo as its advisor for the divestiture of, one of the largest pure-play e-commerce retailers of footwear.  Caleres divested to focus on its owned brands rather than being an Internet retailer of 3rd party brands.

Financo managed an auction resulting in the sale of to SHOEme. SHOEme is a leading online retailer in North America that is re-defining the footwear shopping experience by connecting consumers with premium footwear brands.

“Financo provided consistently thoughtful advice and played an integral role in positioning optimally in the market, resulting in a great new owner and future for”

– Diane Sullivan, CEO, Brown Shoe Company, Inc.

  • 2014

This transaction was completed prior to Raymond James’ acquisition of Financo.