Designer Brands news and archive

Designer Brands navigates sales decline with improved profitability in 2025

US footwear retailer Designer Brands Inc. has announced its financial results for the fourth quarter and full fiscal year ended January 31, 2026, revealing a period of disciplined execution and significant gross margin expansion. The Columbus-based company, which operates a direct-to-consumer (D2C) omnichannel infrastructure, saw its fourth...

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Designer Brands appoints Sheamus Toal as chief financial officer

US-based footwear and accessories retailer Designer Brands Inc. has named Sheamus Toal as executive vice president, chief financial officer (CFO), and principal financial officer. Toal will officially join the company on February 16, 2026, taking over from Mark Haley, who has served as interim principal financial officer. Following the...

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Designer Brands Q3 shows sequential improvement amidst sales dip

Designer Brands Inc., a global designer, producer, and retailer of footwear and accessories, announced its financial results for the third quarter ended November 1, 2025, highlighting meaningful sequential improvement in its business transformation. While net sales saw a 3.2 percent decrease to 752.4 million dollars, and total comparable sales...

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Designer Brands Inc. CFO Jared Poff resigns, Mark Haley named interim CFO

Designer Brands Inc. announced that Jared Poff has resigned from his roles as executive vice president, chief financial officer, and chief sdministrative officer, effective October 31, 2025, to pursue a new professional opportunity. The company has named Mark Haley, currently senior vice president, controller, and principal accounting officer,...

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Designer Brands Q2 sales decline 4.2 percent

Designer Brands Inc., a footwear and accessories retailer, has released its financial results for the second quarter, which ended on August 2, 2025. Despite these operational gains, the company's financial results show a mixed picture when compared to the second quarter of 2024. Net sales saw a 4.2 percent decrease to 739.8 million dollars, and...

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Designer Brands faces challenging Q1 2025, withdraws guidance

Designer Brands, a designer, producer, and retailer of footwear and accessories, reported its financial results for the first quarter ended May 3, 2025, revealing a challenging start to the year. The company saw a decrease in net sales by 8 percent to 686.9 million dollars, alongside a 7.8 percent decline in total comparable sales compared to...

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Designer Brands posts Q4 comparable sales growth

For its fourth quarter, footwear retailer Designer Brands recorded a net sales decrease of 5.4 percent to 713.6 million dollars. Despite this, comparable sales increased by 0.5 percent. Gross profit decreased to 282.6 million dollars and net loss reached 38.2 million dollars or loss of 80 cents per diluted share. Adjusted net loss was 21.3...

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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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India’s leading designer Rohit Bal remembered

As the fashion world mourns the death of iconic Indian designer Rohit Bal, FashionUnited has collected comments from across the world, as the designer enchanted Hollywood and Bollywood alike, counting celebrities like Cindy Crawford, Naomi Campbell, Deepika Padukone, Aishwarya Rai and Bollywood legend Amitabh Bachchan among his customers and...

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Designer Brands lowers full year outlook

Designer Brands’ net sales decreased 2.6 percent to 771.9 million dollars in the second quarter, while comparable sales decreased by 1.4 percent. Lowering its full year outlook, the company said it now expects net sales growth in the flat to low-single digits and adjusted diluted EPS in the range of 50 to 60 cents. "We saw sustained pressure on...

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Designer Brands appoints John Atkinson to its board of directors

Designer Brands has appointed John Atkinson as a member of its board of directors, effective August 1, 2024. The company said Atkinson was also named a member of both the audit committee and the nominating and corporate governance committee. "John’s extensive expertise as a strategic financial counsellor will be fundamental to guiding our path...

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Designer Brands reaffirms full year guidance

Designer Brands’ first quarter net sales increased 0.6 percent to 746.6 million dollars, while comparable sales decreased by 2.5 percent. Reaffirming its guidance for the full year, the company said net sales growth is expected to be in low-single digits and adjusted diluted EPS is expected to range between 70 cents to 80 cents. "This quarter,...