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Good quarter for DSW

25/05/2011
Quality footwear retail group DSW has recorded positive results for the first quarter of its business year. Sales increased by 12% to $503.6 million compared to the first quarter of 2010, and revenues rose by 29% to $63.3 million.

Chief executive, Mike McDonald, said: “We attribute our ongoing strength to the successful execution of our key growth initiatives, and the increasing importance and attachment to the DSW brand by consumers. Consumers are recognising DSW for our consistent ability to present trend-right styles and terrific value in a conveniently located and compelling store format.”

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