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Favorite Daughter Launches First Shoe Collection in Partnership with Caleres

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Caleres (NYSE: CAL) and Favorite Daughter have announced an exclusive license agreement for Favorite Daughter's first shoe line, launching in Fall 2025. The partnership follows a collaboration between Caleres' Dr. Scholl's brand and Favorite Daughter scheduled for May 2025.

The collection will feature a curated assortment including loafers, quilted sneakers, ballets, pumps, and boots, with prices ranging from $195 to $495. The shoes will be available at FavoriteDaughter.com, Favorite Daughter stores, and select department stores. The line will incorporate athletic-grade foam cushioning in dress shoes and will be crafted using premium materials like soft nappas, exotic leathers, satins, velvets, and suedes.

This partnership represents Caleres' strategy to expand its portfolio with contemporary fashion brands, while helping Favorite Daughter broaden its reach into the footwear category.

Caleres (NYSE: CAL) e Favorite Daughter hanno annunciato un accordo di licenza esclusivo per la prima linea di scarpe di Favorite Daughter, che sarà lanciata in Autunno 2025. Questa partnership segue una collaborazione tra il marchio Dr. Scholl's di Caleres e Favorite Daughter, prevista per maggio 2025.

La collezione presenterà un assortimento curato che include mocassini, sneakers trapuntate, ballerine, décolleté e stivali, con prezzi che variano da $195 a $495. Le scarpe saranno disponibili su FavoriteDaughter.com, nei negozi di Favorite Daughter e in alcuni grandi magazzini selezionati. La linea incorporerà un'imbottitura in schiuma di grado atletico nelle scarpe eleganti e sarà realizzata utilizzando materiali di alta qualità come nappas morbidi, pelli esotiche, satin, velluti e scamosciati.

Questa partnership rappresenta la strategia di Caleres di espandere il proprio portafoglio con marchi di moda contemporanea, aiutando nel contempo Favorite Daughter ad ampliare la propria presenza nella categoria delle calzature.

Caleres (NYSE: CAL) y Favorite Daughter han anunciado un acuerdo de licencia exclusivo para la primera línea de zapatos de Favorite Daughter, que se lanzará en Otoño 2025. Esta asociación sigue a una colaboración entre la marca Dr. Scholl's de Caleres y Favorite Daughter programada para mayo de 2025.

La colección contará con una selección curada que incluye mocasines, zapatillas acolchadas, bailes, tacones y botas, con precios que oscilan entre $195 y $495. Los zapatos estarán disponibles en FavoriteDaughter.com, en las tiendas de Favorite Daughter y en algunas tiendas departamentales seleccionadas. La línea incorporará amortiguación de espuma de grado atlético en los zapatos de vestir y se fabricará con materiales premium como nappas suaves, cueros exóticos, satén, terciopelo y gamuza.

Esta asociación representa la estrategia de Caleres para expandir su portafolio con marcas de moda contemporánea, al tiempo que ayuda a Favorite Daughter a ampliar su alcance en la categoría de calzado.

칼레레스 (NYSE: CAL)와 페이보릿 도터(Favorite Daughter)가 페이보릿 도터의 첫 번째 신발 라인에 대한 독점 라이센스 계약을 발표했습니다. 이 라인은 2025년 가을에 출시될 예정입니다. 이 파트너십은 칼레레스의 드. 숄스(Dr. Scholl's) 브랜드와 페이보릿 도터 간의 협업에 이어지는 것입니다. 협업은 2025년 5월로 예정되어 있습니다.

이번 컬렉션은 로퍼, 퀼트 스니커즈, 발레리나, 펌프스, 부츠 등 엄선된 품목으로 구성되며, 가격은 $195에서 $495까지 다양합니다. 신발은 FavoriteDaughter.com, Favorite Daughter 매장 및 일부 백화점에서 구매할 수 있습니다. 이 라인은 드레스 슈즈에 운동용 폼 쿠션을 적용하고 부드러운 나파, 이국적인 가죽, 새틴, 벨벳, 스웨이드와 같은 프리미엄 소재로 제작됩니다.

이번 파트너십은 칼레레스가 현대 패션 브랜드로 포트폴리오를 확장하는 전략을 나타내며, 페이보릿 도터가 신발 카테고리에서 영향력을 확대하는 데 도움을 줍니다.

Caleres (NYSE: CAL) et Favorite Daughter ont annoncé un accord de licence exclusif pour la première ligne de chaussures de Favorite Daughter, qui sera lancée à l'automne 2025. Ce partenariat fait suite à une collaboration entre la marque Dr. Scholl's de Caleres et Favorite Daughter prévue pour mai 2025.

La collection comprendra un assortiment soigneusement sélectionné comprenant des mocassins, des baskets matelassées, des ballerines, des escarpins et des bottes, avec des prix variant de $195 à $495. Les chaussures seront disponibles sur FavoriteDaughter.com, dans les magasins de Favorite Daughter et dans certains grands magasins sélectionnés. La ligne intégrera un rembourrage en mousse de qualité athlétique dans les chaussures habillées et sera fabriquée à partir de matériaux de qualité supérieure tels que des nappas souples, des cuirs exotiques, du satin, du velours et du daim.

Ce partenariat représente la stratégie de Caleres pour élargir son portefeuille avec des marques de mode contemporaines, tout en aidant Favorite Daughter à accroître sa présence dans la catégorie des chaussures.

Caleres (NYSE: CAL) und Favorite Daughter haben eine exklusive Lizenzvereinbarung für die erste Schuhkollektion von Favorite Daughter angekündigt, die im Herbst 2025 auf den Markt kommen wird. Diese Partnerschaft folgt auf eine Zusammenarbeit zwischen der Dr. Scholl's-Marke von Caleres und Favorite Daughter, die für Mai 2025 geplant ist.

Die Kollektion wird eine kuratierte Auswahl umfassen, darunter Loafer, gesteppte Sneakers, Ballerinas, Pumps und Stiefel, mit Preisen, die von $195 bis $495 reichen. Die Schuhe werden auf FavoriteDaughter.com, in den Geschäften von Favorite Daughter und in ausgewählten Kaufhäusern erhältlich sein. Die Linie wird eine Dämpfung aus Sport-Schaumstoff in eleganten Schuhen integrieren und aus hochwertigen Materialien wie weichem Nappa, exotischen Leder, Satin, Samt und Wildleder gefertigt.

Diese Partnerschaft repräsentiert die Strategie von Caleres, sein Portfolio mit zeitgenössischen Modemarken zu erweitern und gleichzeitig Favorite Daughter zu helfen, ihre Reichweite im Bereich der Fußbekleidung zu vergrößern.

Positive
  • New exclusive licensing agreement expands Caleres' brand portfolio
  • Premium pricing strategy ($195-$495) indicates healthy margins
  • Multi-channel distribution strategy through own stores, e-commerce, and department stores
Negative
  • Product launch delayed until Fall 2025, indicating extended timeline for revenue impact
  • High-end price positioning may limit market reach during economic uncertainty

Insights

This strategic partnership marks a significant evolution in Caleres' portfolio diversification strategy, positioning the company to capture a larger share of the premium footwear market. The price positioning ($195-$495) strategically targets the sweet spot between contemporary luxury and accessible premium, a segment showing robust growth potential.

The integration of athletic-grade foam technology in dress shoes represents a notable innovation that addresses the growing consumer demand for comfort without sacrificing style. This technical advantage could provide a significant competitive edge in the contemporary footwear segment, where comfort features are typically compromised for design.

The carefully curated capsule approach, focusing on essential styles rather than extensive collections, aligns with current market trends toward sustainable consumption and wardrobe optimization. This strategy could lead to higher sell-through rates and reduced inventory risk, potentially improving gross margins.

The multi-channel distribution strategy, combining direct-to-consumer through FavoriteDaughter.com with selective wholesale partnerships, provides Caleres with diverse revenue streams while maintaining brand positioning. The timing of the Fall 2025 launch, following the Dr. Scholl's collaboration, creates a strategic runway for market awareness and demand generation.

Collection launches in Fall 2025

NEW YORK--(BUSINESS WIRE)-- Caleres (NYSE: CAL) and Favorite Daughter today announced an exclusive license agreement for Favorite Daughter’s first shoe line. Caleres will exclusively produce the brand’s women’s shoes starting with the Fall 2025 season. The partnership follows a collaboration between Caleres portfolio brand, Dr. Scholl’s, and Favorite Daughter dropping in May 2025.

Erin and Sara Foster of Favorite Daughter (Photo Credit: Jenny Gage and Tom Betterman)

Erin and Sara Foster of Favorite Daughter (Photo Credit: Jenny Gage and Tom Betterman)

Centric Brands, which co-owns the brand in a joint venture with Erin and Sara Foster, is working to build the Foster sisters’ modern, clean and distinct style into a powerful global lifestyle brand.

“The Favorite Daughter brand has built a tremendous following through the honesty and humor of Erin and Sara coupled with the high-quality and design of the apparel collection. To build off this successful foundation, we felt the time was right to launch a new category in footwear to help broaden the reach of the brand. We chose a partner in Caleres that has the expertise in design, scale, and global reach to bring our vision to life and to continue to drive growth,” said Jason Rabin, CEO of Centric Brands.

“We had a lot of conversations about which category Favorite Daughter should venture into next, and we are so excited that it is shoes,” said Erin and Sara Foster. “We have become a brand that is known for quality and shoes will be no exception. These are the shoes we want and need in our own closets.”

“Favorite Daughter is a new brand that is connecting culture to content and fashion,” said Jay Schmidt, president and CEO of Caleres. “The brand has incredible momentum and a very strong point of view, and we felt that from our first meeting. I’m continually impressed by our design and product team at Caleres, and this partnership illustrates that we have become the chosen partner for another leading, contemporary, fashion brand and game-changing entrepreneurs.”

Erin and Sara Foster, working closely with Natelle Baddeley, Caleres SVP and chief design and product officer, conceptualized the line from the point of view of a capsule versus collection posture rooted in the essentialism ethos of the Favorite Daughter brand overall. Favorite Daughter Shoes is a tightly curated assortment from soft construction timeless/boyish loafers, quilted low profile sneakers, chic ballets, t-strap/refined heeled pumps and boots featuring timeless buckles on removable straps to provide styling options. The capsule collection is crafted in soft nappas, exotic leathers, satins, velvets and subtle suedes and will feature a cushioned footbed using athletic grade foams not typically found in dress shoes.

Favorite shoes will retail from $195 to $495 and will be available at FavoriteDaughter.com, in Favorite Daughter stores and at select better department stores.

About Favorite Daughter

Launched in 2020 by Erin Foster and Sara Foster in partnership with Centric Brands, Favorite Daughter is a contemporary lifestyle brand based in Los Angeles. A digital-first brand, the collection features trend-right fashion, denim and closet staples with a focus on long-lasting quality. The brand can be found at favoritedaughter.com and select retailers nationwide as well as Favorite Daughter’s first boutique in Beverly Hills.

About Centric Brands LLC

Centric Brands LLC is a global leading lifestyle brand collective that has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing, and brand building. Centric designs, sources, markets, and sells high-quality products in the kids, men’s and women’s apparel, accessories, beauty, and entertainment categories. The company’s portfolio includes licenses for more than 100 iconic brands, including Calvin Klein®, Tommy Hilfiger®, Nautica®, and Under Armour® in the kid’s category; Buffalo®, Hervé Léger®, IZOD® and Joe’s Jeans® in the men’s and women’s apparel category; All Saints®, Coach®, Frye®, Hunter®, Kate Spade®, Michael Kors®, and Vince® in the accessories category; and in the Sports & Entertainment category, Disney®, Marvel®, Messi®, Nickelodeon®, and Warner Brothers® among many others. The company also owns and operates Avirex®, Fiorelli®, Hudson®, Robert Graham®, and Taste Beauty® and operates joint venture brands, Favorite Daughter, Jennifer Fisher, and Preston Lane. The company’s products are sold through leading mass-market retailers, specialty and department stores, and online. The company is headquartered in New York City, with U.S. offices in Los Angeles and Greensboro, and international offices in Asia, Europe, Montreal, and Toronto. Centric Brands’ social impact efforts are centered around our commitment to serve and uplift the communities where we live and do business. Through our collective volunteerism and contributions, we are dedicated to making a caring and lasting impact on the world around us.

For more information about Centric Brands, please visit www.centricbrands.com.

About Caleres

Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer and Vionic. Our products are available virtually everywhere - in the nearly 1,000 retail stores we operate, in hundreds of major department and specialty stores, on our branded e-commerce sites, and on many additional third-party retail websites. Combined, these brands make Caleres a company with both a legacy and a mission. Our legacy is our more than 140 years of craftsmanship and our passion for fit, while our mission is to continue to inspire people to feel great… feet first. Visit caleres.com to learn more about us.

About the Favorite Daughter x Dr. Scholl’s Collaboration

In advance of the full line for Fall 2025, Favorite Daughter joins the lineup of brands that have collaborated with the iconic Dr. Scholl’s Shoes. The collaboration capsule, which features the first ever kitten heel version of Dr. Scholl’s iconic Original Sandal and a fashion take on the brand’s viral Time Off sneaker, will debut in May 2025. The capsule is highlighted by special materials and details, including croco, hair-calf, and brogue detailing. Dr. Scholl’s Shoes x Favorite Daughter will retail for $225 (sandal) and $150 (sneaker) and be available at DrSchollsShoes.com, FavoriteDaughter.com and in Favorite Daughter stores in early May 2025.

“When we were in ninth grade, there was nothing cooler than wearing a pair of Dr. Scholl’s slides,” Erin and Sara Foster recall. “We designed a fresh take on one of our favorite looks so fans of both brands can get that feeling too.”

“True to Dr. Scholl’s and Favorite Daughter, this collab is the perfect blend of originality and self-expression with that just-right touch of nostalgia,” said Katie Moore, VP of design for Dr. Scholl’s Shoes. “I absolutely love the fresh take on our OG sandal as a kitten heel. The special details make these the next signature favorite in everyone’s closet.”

Investor Contact

Liz Dunn

ldunn@caleres.com

Media Contact

Kelly Malone

kmalone@caleres.com

Source: Caleres

FAQ

When will Caleres (CAL) launch the Favorite Daughter shoe collection?

The Favorite Daughter shoe collection will launch in Fall 2025.

What is the price range for the new Favorite Daughter shoes by Caleres (CAL)?

The Favorite Daughter shoes will retail from $195 to $495.

Where will the Favorite Daughter shoes by Caleres (CAL) be available for purchase?

The shoes will be available at FavoriteDaughter.com, Favorite Daughter stores, and select better department stores.

What types of shoes will be included in the Caleres (CAL) Favorite Daughter collection?

The collection will include loafers, quilted low profile sneakers, chic ballets, t-strap/refined heeled pumps, and boots with removable straps.

What materials will Caleres (CAL) use in the Favorite Daughter shoe line?

The shoes will be crafted using soft nappas, exotic leathers, satins, velvets, and subtle suedes, featuring athletic-grade foam cushioning.

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