Designer Brands Inc. Appoints Doug Howe as President of DSW Designer Shoe Warehouse

Columbus, Ohio, May 20, 2022 /PRNewswire/ — Designer Brands Inc. (NYSE: DBI), one of North America’s leading designers, producers and retailers of footwear and accessories, today announced that Doug Howe was named President of DSW Designer Shoe Warehouse and Executive Vice President of Designer Brands.

Howe’s appointment brings continued strength and momentum to designer brands, putting customers, brands and speed at the forefront of the retailer’s 519 U.S. stores and direct-to-consumer channels. As President of DSW, Doug will be responsible for the day-to-day leadership of the business and will bring DSW’s differentiated customer experience and desired brands to life across direct-to-consumer channels. Doug will report directly to the CEO of Designer Brands Roger Rawlinsand his appointment is effective at the end of May.

Howe is a 30+ year retail veteran with deep experience building vertical and national brands and direct-to-consumer growth. He most recently served as director of merchandising at Kohl’s and has held senior positions in merchandising, design, product development and planning at Qurate Retail Group, Old Navy, Walmart and May Department Stores. . Howe graduated from Creighton University holds a degree in management and business administration.

“I am privileged to join DSW as we take retail to the next level, with a strong customer focus, offering the best national and national brands, and delivering products at incredible speed,” said Howe said. “DSW is more than just a place to buy shoes, it’s an innovative business on many fronts. With so many synergies fueling DSW’s business plans, I’m delighted to partner with all DSW associates to continue the momentum and growth for the future.”

Designer Brands and DSW are hyper-focused on maintaining our edge in the competitive landscape,” Rawlins added. “I have the utmost confidence in Doug’s leadership to guide us through our stores and e-commerce operations to benefit our own brands, while focusing on the sports and fashion brands that our 28 million customers DSW has a bright future ahead of it with Doug’s proven retail experience helping to advance our business priorities of customers, brands and speed.”

About designer brands
Designer Brands is one of North America leading designers, producers and retailers of footwear and accessories. Designer Brands operates a portfolio of retail concepts in nearly 700 locations under the DSW Designer Shoe Warehouse®, The Shoe Company® and Shoe Warehouse® banners. Designer Brands designs and produces footwear and accessories through the Camuto Group, a leading manufacturer selling in over 5,400 stores worldwide. Camuto Group owns the licensing rights for the Jessica Simpson® footwear business and the shoe and handbag licenses for Lucky Brand®. In partnership with a joint venture with Authentic Brands Group, Designer Brands also owns an interest in Vince Camuto®, Louise et Cie®, and others. More information can be found at www.designerbrands.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Certain statements in this press release may constitute forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by using forward-looking terms such as “outlook”, “could”, “believe”, “expect”, “potential”, “may”, “should”, “should”, “would”, “approximately”, “plan”, “estimate”, “anticipate, ” “targets” or the negative version of these words or other comparable words. These statements are based on the Company’s current beliefs and expectations and involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from the results, performance or future achievements expressed or implied by the forward-looking statements. research statements. These factors include, but are not limited to: the risks and uncertainty associated with the coronavirus (“COVID-19”) pandemic, any future resurgence of COVID-19 and any other adverse public health development; uncertain general economic conditions, including inflation and supply chain pressures, domestic and global political and social conditions, and the potential impact of geopolitical unrest or conflict, including war in Ukraineand related impacts on discretionary spending by consumers or other macroeconomic factors; our ability to anticipate and respond to fashion trends, consumer preferences and changing customer expectations; maintain strong relationships with our suppliers, manufacturers, licensors and retail customers; risks relating to losses or disruptions associated with our distribution systems, including our fulfillment centers, fulfillment center and stores, whether due to the COVID-19 pandemic, reliance on third-party vendors or otherwise ; our reliance on our loyalty programs and marketing to drive traffic, sales and customer loyalty; the inability to retain our key executives or attract qualified new personnel; risks related to the loss or disruption of our information systems and data and our ability to prevent or mitigate security breaches of our information and compromise of sensitive and confidential data; our ability to protect our reputation and maintain licensed brands; risks related to restrictions imposed by our credit facility that could limit our ability to finance our operations; our competitiveness in style, price, brand availability and customer service; our ability to provide customers with cost-effective shopping platforms; risks related to our international operations, including international trade, our reliance on foreign sources for goods, exposure to political, economic, operational, compliance and other risks, and exchange rate fluctuations ; our ability to protect the health and safety of our associates and customers, which may be affected by current or future government regulations relating to stay-at-home orders and/or orders related to the operation of non-essential businesses; our ability to comply with privacy laws and regulations, and other legal obligations; and uncertainty related to future legislation, regulatory reform, policy changes or interpretative guidance on existing legislation. The risks and other factors that could cause our actual results to differ materially from our forward-looking statements are described in the company’s most recent Annual Report on Form 10-K or in other reports filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the time they are made. The Company undertakes no obligation to update or revise any forward-looking statements included in this press release to reflect any future event or circumstance.

SOURCE Designer Brands Inc.


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