World Footwear

DSW

First black-owned shoe factory in the US launches its first sneaker

Sep 27, 2023 / United States
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

First black-owned US footwear factory opens its doors

Mar 28, 2023 / United States
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'

DSW President Doug Howe named CEO of Designer Brands

Jan 9, 2023 / United States
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 announces second quarter results

Sep 2, 2022 / United States
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

DSW tests new format store ahead of back-to-school season

Jul 7, 2022 / United States
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

Jun 8, 2022 / United States
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

May 27, 2022 / United States
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

Apr 13, 2022 / United States
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

Mar 22, 2022 / United States
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

Feb 24, 2022 / United States
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

Designer Brands to give over 7 300 workers a 200 US dollars bonus

Sep 6, 2021 / United States
These bonuses to the companies’ associates will result in a 1 million US dollars investment made by Designer Brands ahead of the holiday season

Designer Brands returns to profitability

May 31, 2021 / United States
The US-based company registered net sales increasing by 45.6% to 703.2 million US dollars in the first quarter of fiscal 2021 compared to the same period last year. The company highlighted its return to profitability

Nike to stop selling to six wholesale players

Apr 2, 2021 / United States
In a note, Williams Trading’s Analyst, Sam Poser, stated that proprietary checks confirm that Nike will close six wholesale accounts: DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports, and Big Five

Designer Brands: net sales down by 30.1%

Feb 15, 2021 / United States
The Ohio-based company announced financial results for the three months ended on the 31st of October 2021. Net sales decreased by 30.1% to 652.9 million US dollars in the third quarter of fiscal 2020 compared to the same period last year

Designer Brands with 42.8% decline in net sales

Sep 10, 2020 / United States
The US-based footwear retailer formerly known as DSW reported double-digit decline in sales in the first semester as a result of the impact of the COVID-19 pandemic on the consumer behaviour and on the business ever-changing environment
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