John McPhee will partner with Sam Edelman to "continue building Sam Edelman as a premium brand and assisting in taking it to the next level", Caleres stated. McPhee brings substantial experience across multiple industries, including footwear, in his 35-year-long career. He will focus on the key areas of finance, inventory management and retail operations allowing Sam Edelman to focus on creating products and marketing them.

“With Sam and John we now have a winning blend of complementary skills for the Sam Edelman brand. I am thrilled that John is joining us and look forward to the momentum that the combination of John and Sam as well as the rest of Sam’s team will bring to our business”, commented Diane Sullivan, CEO, President and Chairman of Caleres.

“John is just the partner I have been looking for”, commented Sam Edelman, adding: “Not only does he have deep knowledge from working within a public company, but he also brings entrepreneurial experience so essential to keeping pace with our consumer. Working together, I anticipate additional success as I trust his business sense and commitment to brand integrity.”

McPhee concluded: “Sam is an icon in the shoe industry. I am excited about collaborating with him and working with the Sam Edelman team to drive continued success through a relentless focus on operational excellence, superior product, and deep consumer connection”

About Sam Edelman

Sam Edelman is a lifestyle brand devoted to a trend-on, irreverent and whimsical style, inspired by timeless American elegance that bridges the gap between aspiration and attainability to define modern luxury. With 13 flagship stores across the US in premiere locations including SoHo, Palm Beach, and Beverly Hills, Sam Edelman continues to expand its international presence in international locations in cities such as Hong Kong and Dubai.

About Caleres

Caleres has a portfolio of brands such as Famous Footwear, Sam Edelman, Naturalizer, Allen Edmonds, Vionic, Dr. Scholl’s Shoes, amongst others. As of the 2^nd of November 2019, Caleres had a portfolio of roughly 1 240 stores. The company has a workforce of more than 12 000 employees.