DSW reports first sales increase since 2015
23/08/2017
Its CEO, Roger Rawlins, said there had been a “healthy increase” in regular priced sales.
He added: "The current retail consolidation provides significant opportunity to acquire market share, and in the next 12 months, we will unveil several exciting new initiatives that will inspire emotional loyalty with the DSW brand.
“At the same time, we are building the infrastructure to mobilize inventory across all of our brands and enable us to better serve our customers. We are confident these initiatives will grow sales, cash flow and profitability long-term.”
DSW operates 511 stores in the US and Puerto Rico, as well as a substantial ecommerce site. It also owns Ebuys, a cut-price footwear and accessories retailer operating in digital marketplaces in North America, Europe, Australia and Asia.
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