Content about DSW

March 20, 2013

DSW Q4 sales up 15.7%, expects weaker 2013

DSW reported that its fourth quarter sales increased 15.7% to $594.3 million from $513.7 million for the same period last year. Comparable sales increased 3.6%.

COLUMBUS, Ohio — DSW reported that its fourth quarter sales increased 15.7% to $594.3 million from $513.7 million for the same period last year. Comparable sales increased 3.6%.

The company reported that fourth quarter adjusted EPS rose to 69 cents per share, an increase of 35.3% per share.

Full year sales increased 11.5% to $2.3 billion, and comparable sales increase 5.5%.

Adjusted EPS for the year rose to $3.35 per share for the full year, up from $3.00 per share in 2011.

March 7, 2013

DSW steps up luxury offering with new site

DSW Inc. has launched Luxe810.com, a new website located at dsw.com/luxe810 that offers top luxury brands at up to 50% off.

COLUMBUS, Ohio — DSW Inc. has launched Luxe810.com, a new website located at dsw.com/luxe810 that offers top luxury brands at up to 50% off. The Luxe810 assortment includes shoes, handbags, jewelry, and other accessories for men and women. Among the brands featured on the site are Gucci, Prada, Bottega Veneta, YSL, Sergio Rossi, Marc by Marc Jacobs, Pucci, Giuseppe Zanotti and more.

January 9, 2013

DSW ups the omni-channel ante

Designer Shoe Warehouse will use VendorNet’s StoreNet Live tool to strengthen its e-commerce position by improving fulfillment for online sales.

BOYNTON BEACH, Fla. — Designer Shoe Warehouse will use VendorNet’s StoreNet Live tool to strengthen its e-commerce position by improving fulfillment for online sales.

November 20, 2012

DSW steps up growth plan

Leading footwear retailer DSW said it would open between 25 and 30 new stores next year, adding to an existing base of 364 units.

The company disclosed its expansion plans in conjunction with the release of third quarter results that saw same store sales advance a hefty 6.1% and profits grow by double digits. Adjusted net income increased 17% to $46.6 million, or $1.02 per share, compared to $39.8 million, or $0.88 per share.

November 20, 2012

DSW steps up growth plan

Leading footwear retailer DSW said it would open between 25 and 30 new stores next year, adding to an existing base of 364 units.

February 10, 2011

DSW to acquire Retail Ventures

COLUMBUS, Ohio -- DSW said that it will acquire its largest shareholder Retail Ventures and turn it into a wholly owned subsidiary, helping to simplify its relationship.

According to the shoe retailer, the two companies signed a merger agreement, under which DSW will give stockholders 0.435 of a DSW share for each share they hold of Retail Ventures.

Retail Venture holds a 62% stake in DSW.