camuto news and archive

Designer Brands Q2 revenues increase by 8.2 percent

Designer Brands Inc. for the three months ended August 3, 2019, reported total revenue increase of 8.2 percent, including 102.9 million dollars in revenue from the Brand Portfolio segment, which includes 17.7 million dollars in intersegment revenue that is eliminated in consolidation. Comparable sales decreased 0.6 percent compared to a 9.7...

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Management

DSW announces senior executive changes to support new acquisitions

DSW Inc. has announced the creation of several new executive positions following the 2018 acquisition of its Canadian business, formerly known as Town Shoes Limited and Camuto Group. The company's organizational changes will become effective February 3, 2019. The company said, Bill Jordan will be promoted to President of DSW Designer Shoe...

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Management

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...