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Golo assigns Caressa to fill current orders.

Footwear News

| July 06, 1987 | Seckler, Valerie | COPYRIGHT 1999 Fairchild Publications, Inc. (Hide copyright information)Copyright

Golo assigns Caressa to fill current orders MIAMI -- Caressa Inc. and Golo Footwear Corp., New York, have struck a licensing agreement whereby Golo has assigned all its current orders to Caressa and Caressa will produce footwear under the Golo name.

Arthur Samuels Jr., president of Golo Footwear, will head product development for the Golo line and will report to Mel Miller, Caressa's senir vice president of product development.

"We don't believe Golo's business has been anywhere near maximized," asserted Caressa president and chief executive officer Gil Fields. "I think it can be in the area of $25 million-$50 million in two to three years. It was pretty …

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