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Here's what Brown Shoe made from the sale of Shoes.com

2015-04-06 18:01:36| Footwear - Topix.net

Brown Shoe received $15 million from the sale of Shoes.com to Canadian e-commerce retailer SHOEme in December, according to the Clayton-based shoe seller's annual report. Brown Shoe, led by CEO Diane Sullivan , recorded a net gain of $4.7 million from the sale - the difference, before taxes and after sales costs, between what Brown sold Shoes.com for and its value on the company's books.

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Category:Consumer Goods and Services

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