Report: Allen Edmonds bought by Missouri company Caleres

Posted at 5:25 PM, Dec 13, 2016
and last updated 2016-12-14 00:00:27-05

A report says that an equity group in Missouri has bought a trademark Wisconsin company.

The Business Journal's Dan Shafer reports that Caleres, a company that specializes in shoes, has bought Allen Edmonds, based in Port Washington.

The shoe and apparel company is one of the most well-known quality shoemakers in America. It was owned by a Los Angeles company from November 2013 until now.

Caleres bought Allen Edmonds for more than a quarter of a billion dollars, according to the report.