Report: Brown Shoe Looking to Acquire Stuart Weitzman

Brown Shoe Company Inc and Coach Inc. are both exploring an acquisition
of Stuart Weitzman Holdings LLC, the women’s luxury footwear company, according to the Financial Times.

Buyout firm Sycamore Partners, the owner of Stuart Weitzman, has been
working with Goldman Sachs and Citigroup on the sale, Reuters reported in August. Sycamore acquired Stuart Weitzman earlier this year as part of
its purchase of Jones Group Inc. Stuart Weitzman is expected to raise between $600 million to $700 million, according to the Financial Times.

The Financial Times store is here. A Reuters update is here.