Designer Brands
Designer Brands returns to comparable sales growth in the fourth quarter
The US-based company highlighted a return to comparable sales growth in the fourth quarter of fiscal 2024 as a sign of the success of its strategic initiatives. Despite short-term pressures, the company is optimistic about 2025
Another quarterly decline in net sales for Designer Brands
The US-based footwear retailer has reported a 2.6% year-over-year decline in third quarter net sales, as unseasonably warm weather and continued macroeconomic uncertainty weighed on consumer spending
Designer Brands posts decline in sales and gross profit in the second quarter
The US-based company faces a challenging environment with shrinking gross margins and rising debt. As net sales fell in the second quarter, Designer Brands reported a weaker outlook for 2024
Mixed results at Designer Brands
The North American company reported a slight increase in net sales of 0.6% in the first quarter, but a sharp decline in net income, as compared to the same period last year
2023: a year of mixed results in casual and outdoor
In a challenging year for retail, marked by high inflation and weaker consumer demand, we looked at how some of the key players in the casual and outdoor segment are faring and whether some may be poised for a comeback
Designer Brands announces fourth quarter and full year results
The North American company ended the fiscal year 2023 with better-than-expected results due to its brand portfolio, but highlighted the challenging environment it faced
Designer Brands appoints Andrea O'Donnell as Brands President
The North American footwear company has appointed Andrea O'Donnell to the role of Brands President and Executive Vice President of Designer Brands, effective from the 29th of January 2024
Lower demand impacts Designer Brands’ third quarter results
The footwear company reported lower third-quarter sales and profits due to a contraction in the footwear market caused by unseasonably warm weather. As a result, it cut its full year guidance
First black-owned shoe factory in the US launches its first sneaker
Designer Brands and Pensole Lewis College of Business & Design have unveiled the first product to roll out from their JEMS by Pensole factory, the first Black-owned footwear factory in the US
Designer Brands President to step down
William Jordan, the President of Designers Brands and Camuto brand, will step down from both positions presumably on or before the 1st of December
Designer Brands posts sales decline
Despite recording another sales decline in the second quarter of fiscal 2023, the North American company reiterated its full year guidance after seeing some improvement from the prior quarter
Designer Brands appoints Laura Denk as President of DSW
The North American company announced the appointment of Laura Denk as President of Designer Shoe Warehouse (DSW) and Executive Vice President of Designer Brands, effective as of the 24th of July
Designer Brands announces first quarter results
After seeing its sales and earnings decline in the first quarter of 2023, the North American company has decided to approach the rest of the year with “heightened” caution, lowering its full year guidance in result
Keds undergoes brand refresh and expands product range
The sneaker brand, owned by Designer Brands, has announced a brand refresh to better express its core values, as well as the release of a new collection inspired by the iconic Keds Champion
First black-owned US footwear factory opens its doors
The North American company Designer Brands inaugurated, along with the Pensole Lewis College of Business & Design, the first black-owned footwear factory in the US, called 'JEMS by Pensole'-
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