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BusinessMember

Designer Brands Q3 comparable sales drop by 3.1 percent

Third quarter net sales at Designer Brands decreased by 1.2 percent to 777.2 million dollars, while total comparable sales decreased by 3.1 percent. The company has lowered its guidance for the full year and now expects net sales to be down low single digits and adjusted diluted EPS in the range of 10 cents to 30 cents. Designer Brands’ gross...

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BusinessFeaturedMember

Doug Howe to succeed Roger Rawlins as CEO of Designer Brands

Designer Brands Inc. has announced a planned CEO transition process. The company's board has appointed Doug Howe, president of DSW, to succeed Roger Rawlins as the new chief executive officer, effective April 1, 2023. After April 1, 2023, the company said, Rawlins will continue to work with the company for a twelve-month period in a strategic...

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