Designer Brands, the parent company of footwear retail chain DSW has reported revenues of more than $2.5 billion for the first nine months of its current business year, the period ending October 29.

This represents growth of 7.6% compared to the same period a year earlier.

Chief executive, Roger Rawlins, said that the group faced many of the same pressures across the consumer landscape that most retailers are seeing, but he said Designer Brands had had success in acquiring new customers and in pushing its margins up.

“We are focused on meeting our customers’ footwear needs while we balance inventory and expenses in order to continue growing market share in this volatile environment,” he said.

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