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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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