- Prachi Singh |
Caleres has announced that Molly Adams will join the company as President of Famous Footwear on May 29, 2018. Adams, the company said, will lead the largest brand in the Caleres portfolio and continue to build upon its success by focusing on consumer engagement, store productivity and omni-channel initiatives. In 2017, Famous Footwear made 1.6 billion dollars in revenue, which accounted for 59 percent of the revenue in the Caleres portfolio.
“Molly brings to us a wealth of retail and product experience that resulted in consistent growth during her tenure at Disney,” said Diane Sullivan, CEO, President and Chairman of Caleres in a media release, adding, “Her leadership, pace and vision will be invaluable to our Famous Footwear business, and her passion around the consumer experience will come to life in our stores and through our dedicated team of Associates.”
Molly Adams joins as President of Famous Footwear
The company said, Adams comes to Caleres from The Walt Disney Company, where she was executive vice president, global merchandising and product development since 2008. There she led two multibillion-dollar business areas and a combined global merchandising and product development team.
“What drew me to Famous Footwear and Caleres was the opportunity to be involved in a fast-paced and evolving business grounded in tradition and values,” added Adams.
Prior to Disney, Adams spent eight years at Anchor Blue Retail group, a family-owned specialty fashion retail chain with 300+ stores in the western and south-eastern US, as a senior vice president and general merchandise manager and divisional merchandise manager. She also served as president of Stony Apparel Corporation, a designer and manufacturer of juniors’ and kids’ fashion apparel. Adams also held a variety of retail positions early in her career including merchandising, buying, sales and management positions at major department stores and specialty retail stores.