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Designer Brands sees yearly sales drop, plans return to growth

Footwear and accessories group Designer Brands issued its financial results for both the fourth quarter and year ended February 3, 2024, in which sales for the two periods saw a slight drop ahead of an upcoming “transition year”. For Q4, the company’s net sales fell 0.8 percent to 754.3 million dollars, while total comparable sales dropped 7.3...

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