Designer Brands Maps Future Growth Plans
The DSW parent laid the path to 25% top line growth through a new five-year plan during its 2022 Investor Day, as it leans into its owned brands – changing from “retailer to brand builder” – while maintaining national brand sales through what it deems an industry-first supply chain integration with key brand partners. The new long-term outlook looks to up revenue to $4.0 billion in ’26 from $3.2 billion in ’21. The top line growth will be through doubling owned-brand sales, moving from 19% of total sales in ’21 to 29% by ’26 with most of the growth in ... Log in to view full article.