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0.0155339805825243 0.0155145631067962 0.0155145631067962 0 0.00582524271844665 0.00582524271844665 0 0.000194174757281618
Stock impact report

Dress Shoe Sales Were Down at DBI — But Jessica Simpson's Brand Gained Traction [Yahoo! Finance]

Designer Brands Inc. Class A (DBI) 
Last designer brands inc. class a earnings: 3/17 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Jessica Simpson Wears Fuzzy Coat, Halter Catsuit and White Chunky Platform Boots to Close Out Summer Sales of dress shoes and boots were challenged at Designer Brands Inc. in the second quarter. But the retailer's Jessica Simpson brand still managed to see strong results. “We are seeing a lot of traction with Jessica Simpson at the moment,” said DBI chief financial officer Jared Poff in Wednesday call with analysts. “And ironically, that's a dress-focused brand, but she very much has a vibe and a kind of aesthetic that right now is really resonating. So, we're doing quite well with that brand.” In the second quarter, the Jessica Simpson brand saw high double-digit sales increases. Wholesale distribution was up 70 percent in the quarter. According to DBI chief executive officer Doug Howe , the brand “sustained the momentum” it saw in the first quarter and “continues to appeal to customers for its colorful and unique stock.” The standout performance was at odds with a generally Show less Read more
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