Caleres has tapped footwear industry veteran Erica Mackoul as its new SVP of international.
According to the St. Louis-based company, Mackoul and her team will be responsible for partnering with Caleres brand portfolio leadership to target and drive strategic growth initiatives globally, with a specific focus on the company’s four lead brands – Sam Edelman, Allen Edmonds, Naturalizer and Vionic.
Mackoul will report to Caleres president and CEO Jay Schmidt.
For Schmidt, Mackoul’s appointment comes after the company’s recent investor day, where Caleres outlined its three-year strategic and financial plan. “Our international business – a primary accelerant to growth — offers significant upward potential and this requires a singular focus. We are pleased to welcome Erica to the Caleres leadership team,” Schmidt said. “I am confident her knowledge and expertise will accelerate our international growth plans and will support our broader efforts to increase sales, expand earnings and drive shareholder value over the next three years.”
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Mackoul brings to Caleres more than 15 years of experience in product strategy and development, buying, sales and merchandising. Most recently, she was VP of global merchandising at Cole Haan where she was responsible for the product assortment in 500 stores in 92 countries as well as oversight of 14 product categories and led the onboarding of 50 international partners. In her nearly 10 years at Cole Haan, she held positions of increasing responsibility supporting and growing its international footprint. Prior to Cole Haan, Mackoul worked in merchant and sales positions at Ralph Lauren and Club Monaco.
“I’m thrilled to be joining Caleres where I can leverage my deep experience in international and merchandising to accelerate the growth of such esteemed brands,” Mackoul added. “I look forward to connecting with our partners over the next several weeks.”
This news comes one week after Caleres reported its third quarter earnings. Net sales in the period were $761.9 million, down 4.6 percent from $798.3 million in the third quarter of 2022. Net earnings in Q3 were $46.9 million, or $1.32 a share, compared with $39.2 million, or $1.08 in the third quarter of 2022.
