DSW news and archive

Warm weather impacts sales at Designer Brands, lowers outlook

Designer Brands Inc. said total revenue for the third quarter increased by 12.4 percent, including 137.5 million dollars in revenue from the Brand Portfolio segment, which includes 25.6 million dollars in intersegment revenue that is eliminated in consolidation. Comparable sales increased 0.3 percent compared to a 7.3 percent increase in the...

Business

DSW posts strong Q3, raises full year outlook

For its third quarter, DSW Inc. said that total revenue increased by 17.2 percent to 833 million dollars, including 80.1 million dollars from the consolidation of the Canadian retail business. Comparable sales for the period increased 7.3 percent excluding results from the Canada retail segment. Reported gross profit, as a percent of sales,...

Business

Sequential renews partnership with Camuto for Jessica Simpson footwear business

Sequential Brands Group, Inc. has signed a long-term licensing partnership renewal with Camuto Group, a footwear and accessory designer and developer, which is now owned by DSW Inc. Under the new partnership agreement, Camuto, the company said, will continue to develop Jessica Simpson’s footwear business, which is currently sold at retail stores...

Featured

Business

DSW and Authentic Brands Group complete acquisition of Camuto Group

DSW Inc. has completed its previously announced acquisition of the operations of Camuto Group, known for its Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand. Additionally, DSW and Authentic Brands Group LLC (ABG), have completed their acquisition of several intellectual property rights from the Camuto Group under...

Featured

Business

DSW and Authentic Brands Group to acquire Camuto Group

DSW Inc. has announced the acquisition of operations of Camuto Group, known for its Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand. Additionally, the company said, DSW along with Authentic Brands Group LLC (ABG), have jointly acquired several intellectual property rights from the Camuto Group under a new...

Featured

Business|INTERACTIVE

DSW returns to comparable sales growth, raises outlook

DSW Inc. said in a statement that total revenue for the second quarter increased by 16.4 percent to 795 million dollars, including 72.5 million dollars from the consolidation of its Canadian retail business. Comparable sales increased 9.7 percent for the 13-week period excluding results from its Canada Retail segment. Total revenue increased 9.6...

Business

Q1 revenue increases 2.9 percent at DSW

DSW Inc. recorded total revenue increase of 2.9 percent to 712 million dollars, including 5.6 million dollars from residual Ebuys operations, three months ended May 5, 2018. Comparable sales increased 2.2 percent and reported gross profit, as a percentage of sales, increased by 40 bps due to the wind down of Ebuys. Hover over the graph to learn...

Business

DSW returns to Q4 comparable sales growth of 1.3 percent

DSW Inc. said that the total company revenues hit a new high of 2.8 billion dollars, a rise of 3.3 percent during the year with renewed momentum in the core business, with footwear posting positive comparable sales for three quarters in a row. Comparable sales decreased 0.4 percent compared to last year's 3 percent decrease. Fourth quarter sales...