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News Breaks
September 29, 2009
12:20 EDTPSS
theflyonthewall.com: Collective Brands to host investor meeting
Investor meeting to be held on October 6 at 8:45 am. Webcast Link :theflyonthewall.com



News For PSS From The Last 14 Days
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February 7, 2012
15:38 EDTPSS
theflyonthewall.com: Collective Brands up 5% after report of 20 bids in first round of sale process

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:theflyonthewall.com
15:33 EDTPSS
theflyonthewall.com: Collective Brands narrowing bids to 10 in second round, Bloomberg reports
The company was said to get 20 full or partial bids in its first round and is seeking final bids by late March, reported Bloomberg. :theflyonthewall.com
09:40 EDTPSS
theflyonthewall.com: Tandy Brands signs license agreement with Collective Brands for Sperry Top-Sider
Tandy Brands Accessories (TBAC) announced it has entered into a multi-year license agreement with Sperry Top-Sider to market and distribute belts, shoulder bags, and small leather goods for both Men and Women. Tandy expects to see an incremental impact in its accessories business in calendar year 2013. Under the terms of the license agreement, Tandy Brands will have rights to create Sperry Top-Sider branded collections covering the men's and women's accessories category of belts, shoulder bags and small leather goods such as wallets. Sperry Top-Sider is a division of Collective Brands Performance + Lifestyle Group, a subsidiary of Collective Brands (PSS). :theflyonthewall.com

February 6, 2012
07:04 EDTPSS
theflyonthewall.com: Payless ShoeSource announces franchise deals in Korea, Thailand and Vietnam
Collective Brands' Payless ShoeSource unit announced today that it has signed two new franchise agreements with partners Emart, a business unit of Shinsegae Group, Seoul, for stores in Korea, and Central Marketing Group, a business unit of Central Group, Bangkok, for stores in Thailand and Vietnam, bringing the total countries which will have franchised Payless stores to 20 countries. Payless and its partners said that in 2012 they expect six store openings in Korea, as well as five stores each to open in Thailand and Vietnam. :theflyonthewall.com

February 2, 2012
08:53 EDTPSS
theflyonthewall.com: Collective Brands price target raised to $20 from $16 at Susquehanna
Susquehanna raised its price target on Collective Brands citing various potential outcomes of the company's strategic review. The firm believes there are several interested parties and a deal will get done which could include a total sale of the company, a sale of one or more assets, or nothing. Shares are Positive rated. :theflyonthewall.com