Stride Rite Children's Group Appoints Matt Feiner Senior Vice President of Wholesale

LEXINGTON, MA, May 10, 2010 (MARKETWIRE via COMTEX) --The Stride Rite Children's Group, a division of the Collective Brands Performance + Lifestyle Group, announced today that Matt Feiner has been appointed Senior Vice President, Wholesale, reporting to Sharon John, President of the Stride Rite Children's Group.

The Stride Rite Children's Group is a leading children's footwear retailer and wholesaler in the US with a brand portfolio that includes: Stride Rite, Robeez, Saucony kids, Sperry kids and Keds kids, among others. The Stride Rite Children's Group sells this portfolio through its more than 360 Stride Rite retail stores, as well as through leading department stores, specialty and family footwear stores and independent footwear retailers in North America and across Europe.

Feiner will be responsible for the Stride Rite Children's Group wholesale division and the wholesale merchandise planning team to drive strategic growth for the Stride Rite Children's Group branded products both domestically and globally.

"Matt's experience in children's footwear, combined with his proven track record of bringing innovative new product concepts to life and his overall strategic leadership will be a tremendous asset to the Stride Rite Children's Group team," said Sharon John, President of Stride Rite Children's Group. "We continue to drive forward with our vision of being the pre-eminent children's footwear company with a powerful brand portfolio of quality brands that kids love and moms trust. We are very excited to welcome Matt to our team."

Feiner most recently served as Vice President, of U.S. Merchandising for Footwear and Apparel at Reebok North America Division. He spent a significant amount of his career in roles of increasing responsibility at Reebok, including Vice President, Global Footwear and Apparel for the Reebok Kid's Division, and Group Director of Reebok Sport Essentials Footwear Division. Feiner earned an undergraduate degree in American History from Clark University, and an MBA from the Babson Graduate School of Business.

About Stride Rite Children's Group, Inc. and Collective Brands, Inc.

The Stride Rite Children's Group, part of the Collective Brands Performance + Lifestyle Group of Collective Brands, Inc., markets the leading brand of premium children's footwear in the United States under such brands as Stride Rite, Saucony Kids, Keds Kids and Sperry Top-Sider Kids, among others. For over 90 years, the company has designed and engineered footwear specifically to meet the needs of growing children. Stride Rite's vision is to be the pre-eminent footwear company for kids with a portfolio of quality brands that kids love and moms trust.

Collective Brands, Inc. (NYSE: PSS) is a leader in bringing compelling lifestyle, fashion and performance brands for footwear and related accessories to consumers worldwide. The company operates three strategic units covering a powerful brand portfolio, as well as multiple price points and selling channels including retail, wholesale, franchising, ecommerce and licensing. Collective Brands, Inc. includes Payless ShoeSource, focused on democratizing fashion and design in footwear and accessories through its nearly 4,500-store retail chain, with its brands Airwalk(R), Dexter(R), Champion(R), Zoe & Zac(TM), the first-ever affordable green footwear brand, and designer collections Lela Rose for Payless, Unforgettable Moments by Lela Rose, alice + olivia for Payless, Christian Siriano for Payless and STLP x Airwalk, among others; Collective Brands Performance + Lifestyle Group, focused on lifestyle and performance branded footwear and high-quality children's footwear sold primarily through wholesaling, with its brands including Stride Rite(R), Keds(R), Sperry Top-Sider(R), and Saucony(R), among others; and Collective Licensing International, the brand development, management and global licensing unit, with such youth lifestyle brands as Airwalk(R), Vision Street Wear(R), Sims(R), and Lamar(R). Information about, and links for shopping on, each of the Collective Brand's units can be found at www.collectivebrands.com.

Nikki Sloup
Email Contact
Phone: 785-559-6966

SOURCE: Collective Brands, Inc.

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