Designer Brands Inc. traded at $7.56 this Friday February 20th, increasing $0.14 or 1.89 percent since the previous trading session. Looking back, over the last four weeks, Designer Brands gained 2.33 percent. Over the last 12 months, its price rose by 58.16 percent. Looking ahead, we forecast Designer Brands Inc. to be priced at 7.19 by the end of this quarter and at 6.54 in one year, according to Trading Economics global macro models projections and analysts expectations.
Designer Brands, Inc. is a designer, producer and retailer of footwear and accessories. The Company operates through three segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse (DSW) banner through its United States stores and e-commerce site. The Canada Retail segment operates The Shoe Company, Shoe Warehouse, and DSW banners through its Canada stores and e-commerce sites. Together, the U.S. Retail and Canada Retail segments are referred to as the retail segments. The Brand Portfolio segment designs, develops and sources in-season fashion footwear and accessories through Camuto LLC, a wholly owned subsidiary of the Company. Brand Portfolio segment distributes its branded products through the direct-to-consumer e-commerce site at www.vincecamuto.com.