Brown Shoe (BWS) Acquires Sam & Libby from The Jones Group (JNY).

September 10, 2012 9:50 AM EDT
Brown Shoe Company (NYSE: BWS) has acquired the Sam & Libby brand and reunited it with its founders, Sam and Libby Edelman, it was announced today. For the last eight years, the brand was owned by The Jones Group (NYSE: JNY).

Financial terms were disclosed.


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