Ron Fromm
Ron Fromm
achieved acquired brand brown compound growth percent pleased product progress rate shoe since
In addition, we are pleased with the progress made by our e-commerce sites, especially Shoes.com. Shoes.com has achieved a compound growth rate of approximately 100 percent since acquired by Brown Shoe in 2001, as we've significantly expanded our brand and product offering.
achieved customers driving earnings effective expense famous footwear gains good improved inventory job last levels management marketing operating product quarter record team traffic versus year
We achieved a record year at Famous Footwear. The Famous Footwear management team did an outstanding job of execution, driving double- digit operating earnings gains through improved product assortments, good inventory management and expense control, and the effective use of themed marketing (across our advertising, in-store, and in our direct-to-customer pieces). As a result, our traffic levels were up every quarter versus last year, as customers responded well to our offerings.