Chief executive change works for DSW
24/11/2009
US footwear chain DSW, which specialises in offering designer shoes in a large-volume, self-service format, has announced much improved business results for the quarter ended October 31 compared to the same period last year.
The company, which brought in a new chief executive, Michael MacDonald, in April, achieved profits of $26.6 million for the quarter, on sales of $444.6 million. A year ago, the parallel result was profits of $13.2 million on sales of $391.4 million. Same store sales increased 8.7% this year, compared to a decrease of 4.1% last year.
Share this story:
