Designer Brands
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'
Designer Brands announces cautious outlook for fiscal 2023
Following a slower fourth quarter, the North-American company is expecting a decline in earnings and sales for fiscal 2023, accounting for the volatile macroeconomic environment
Designer Brands acquires Keds from Wolverine
The North American company has acquired the footwear brand Keds from Wolverine Worldwide, thus increasing its Owned Brands portfolio while reaching into the athleisure category
DSW President Doug Howe named CEO of Designer Brands
The North-American company has announced that Doug Howe will succeed Roger Rawlins as the company's Chief Executive Officer from the 1st of April 2023 on
Designer Brands acquires Topo Athletic
The parent company of DSW announced that it has bought the US-based retailer specializing in footwear for running, walking, and hiking, thus reinforcing its brand-building strategy
Designer Brands announces third quarter results
The North-American company posted net sales of 865.0 million USD in the third quarter of 2022, with sales of owned brands representing 26.5% of the total, as compared to 21.5% in the same period of last year
Designer Brands adds two names to the Board of Directors
The North-American company announced the appointment of Rich Paul and Tami J. Fersko to the Designer Brands Board of Directors as independent directors
Designer Brands announces second quarter results
The North-American company posted a solid performance this quarter, raising its full year guidance. It also said to remain optimistic about the goal of doubling owned brands' sales by 2026
Designer Brands adds Le Tigre to its portfolio of owned brands
The North-American company has entered a licensing agreement with Le Tigre 360 Global. The deal is regarded as another step to double sales of the owned brands category by 2026
DSW tests new format store ahead of back-to-school season
The footwear chain, owned by Designer Brands, has been testing since May in its Hedwig Village store in Houston a new store format to better engage with the youngest consumers
Designer Brands with sales growth
In the first quarter of fiscal 2022, the North-American company reported a net sales increase of 18.1% across every segment, and it said to be on track to double owned brand sales by 2026
Doug Howe gets new appointments at DSW
Footwear retailer Designer Brands has announced the appointment of Doug Howe to President of DSW Designer Shoe Warehouse (retail concept of the group’s portfolio). Mr. Howe will also be Executive Vice President of Designer Brands
Designer Brands plans to double sales by 2026
The North-American designer, producer and retailer of footwear and accessories has announced that it expects to reach a 4 billion US dollars revenue by 2026
Designer Brands posts full year 2021 results
The North-American designer, producer and retailer of footwear and accessories has reported fourth quarter record sales of 822.6 million USD and full year revenue of 3.2 billion USD
DSW to invest 2 million USD into footwear factory in the US
Designer Brands, the parent of shoe retailer DSW, will partner up with Pensole College, ran by the footwear designer Dr. D’Wayne Edwards, to advance its diversity, equity and inclusion strategy. Thus, it will invest into the first black-owned factory in the US-
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