Weyco Group, Inc. - Common Stock (WEYS)

Competitors to Weyco Group, Inc. - Common Stock (WEYS)

Brown Shoe Company, Inc. (Caleres, Inc.) 

Caleres, Inc., formerly known as Brown Shoe Company, presents significant competition to Weyco Group, Inc. through its diverse portfolio of footwear brands and significant retail presence. Caleres operates various brands that appeal to broad demographics, including fashion-forward and comfort-driven consumers. This extensive brand diversification and emphasis on both physical and online retail channels allow Caleres to effectively capture market share against Weyco, which focuses more narrowly on its signature brands. Therefore, Caleres has a competitive advantage in its ability to cater to evolving consumer preferences across different segments.

Deckers Outdoor Corporation 

Deckers Outdoor Corporation competes with Weyco Group, Inc. primarily in the footwear segment, particularly with brands like UGG and Teva that cater to casual and outdoor footwear needs. Deckers has established a strong brand identity and is known for its focus on quality and performance, which appeals to a niche segment of consumers. While Weyco caters to more traditional footwear styles, Deckers differentiates itself with innovative product offerings and a strong online presence, thus creating a competitive advantage in terms of brand loyalty and market penetration.

Genesco Inc. 

Genesco Inc. and Weyco Group, Inc. operate in the same sector of footwear retail, but Genesco's broader portfolio, which includes several well-known brands and retail outlets, allows it to capture a diverse customer base. Genesco competes with Weyco by leveraging its extensive distribution networks and omnichannel retail strategies, providing customers with both physical and online shopping options. While Weyco maintains a solid market presence, Genesco's ability to innovate and offer a wider array of brands gives it a competitive advantage in reaching different segments of the footwear market.

Steven Madden, Ltd. 

Weyco Group, Inc. and Steven Madden, Ltd. compete in the footwear and accessories industry, targeting similar demographics. Both companies offer a range of fashionable and functional footwear products, but Steven Madden distinguishes itself with a strong emphasis on trend-driven styles and a robust marketing strategy focused on younger consumers. Weyco, on the other hand, leans more towards classic and traditional shoe designs. The fierce competition is marked by Steven Madden's agile product development and marketing prowess, giving it a competitive edge over Weyco Group in appealing to fashion-forward consumers.