Designer Brands Inc.

Designer Brands Inc., originally DSW Inc., designs, produces, and retails footwear and accessories. The company operates in two reportable segments: the Retail segment and the Brand Portfolio segment. The Retail segment includes DSW Designer Shoe Warehouse ("DSW"), The Shoe Co., and Rubino banners, operating through direct-to-consumer stores and e-commerce sites. The Brand Portfolio segment generates revenue primarily from the wholesale of exclusive and licensed brands to retailers, the Retail segment, and international distributors. This segment also sells Vince Camuto, Keds, and Topo brands through direct-to-consumer e-commerce sites. Effective with the 2025 Annual Report on Form 10-K, the previously separate U.S. Retail and Canada Retail operating segments were combined into a single Retail segment due to similar operations and economic characteristics. All prior period segment information has been restated to match this new presentation. On April 8, 2024, Designer Brands Inc. acquired Rubino Shoes Inc. ("Rubino"), which operates Rubino banner stores and an e-commerce site in Quebec, Canada, expanding the Retail segment into Quebec. The company's fiscal year ends on the Saturday closest to January 31. Fiscal years, such as "2025," refer to the calendar year in which the fiscal year begins. Fiscal years typically consist of 52 weeks (including 2025 and 2024), but occasionally include an additional week, resulting in a 53-week fiscal year (including 2023). The Retail segment offers dress, casual, and athletic footwear and accessories for women, men, and kids in stores and online. The DSW banner operates in both the United States and Canada.