The Columbus, Ohio-based footwear and accessories group reported a 30.1% decline in sales on Wednesday, as it attempts to adapt to the effects of the Covid-19 pandemic by shifting focus to athletic products.
The owner of DSW Designer Shoe Warehouse announced a net loss of $215.9 million, or $3.00 per diluted share, for the first quarter on Thursday, as the Covid-19 pandemic took its toll on the company’s operations.
The footwear and accessories maker reported a fourth-quarter loss of $7.6 million on Tuesday and announced the closure of its North American retail locations in response to the ongoing Covid-19 pandemic.
The footwear and accessories retailer is teaming up with the global superstar for a business partnership that will see the exclusive launch of the JLO Jennifer Lopez brand at DSW Designer Shoe Warehouse.
The Columbus, Ohio-based footwear and accessories company announced on Tuesday that it has changed its name to Designer Brands, and laid out a series of targets and strategic priorities for fiscal 2021.