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.
Sequential Brands Group has closed on a long-term licensing partnership renewal of Jessica Simpson's footwear business with Camuto Group, the company recently acquired by DSW and Authentic Brands Group.
DSW and Authentic Brands Group have acquired the operations of Camuto Group for a combined sum of roughly $341 million, securing the Vince Camuto brand and footwear licenses for Jessica Simpson and Lucky Brand.
Authentic Brands Group LLC has announced it has entered into a definitive agreement to purchase a majority stake in the intellectual property of the Camuto Group’s proprietary brands in partnership with DSW Inc.
DSW has announced Drew Domecq joined the company as SVP and CIO. He will oversee DSW's digital platforms, support the company's new loyalty program, and facilitate the acquisition of Canada's Town Shoes Ltd.
The footwear brand is building on its momentum and recent entry into the European market with the announcement that it is creating two new business entities to operate more deeply across Europe as well as in China.