DSW Inc., together with its wholly owned subsidiaries, operates as a branded footwear and accessories retailer in the United States. Segments The company operates in two segments: the DSW segment, which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment. DSW segment The DSW segment offers an assortment of brand name, designer, and private brand dress, casual and athletic footwear and accessories for women, men and kids. As of January 31, 2015, this segment operated a total of 431 stores located in 42 states, the District of Columbia and Puerto Rico, and dsw.com. The company purchases directly from approximately 430 domestic and foreign vendors, primarily in-season footwear found in specialty and department stores and branded make-ups (shoes made exclusively for a retailer). The company also makes opportunistic and close-out purchases to offer value to its customers. The company offers shoes for women, men and children and a complementary assortment of handbags, hosiery, jewelry and other accessories which appeal to its brand and fashion conscious customers. This segment also has an equity investment in Town Shoes Limited (Town Shoes). As of January 31, 2015, Town Shoes operated 182 locations across Canada primarily under The Shoe Company, Shoe Warehouse and Town Shoes banners, as well as the .com site. In 2014, the company entered into a licensing agreement with Town Shoes, which allows Town Shoes to use the DSW Designer Shoe Warehouse tradename for their new larger concept Canadian stores. Affiliated Business Group segment The ABG segment partners with multi-category retailers and wholesalers to develop strategies and business models for targeted shoe assortments. This segment provides service to approximately 370 store locations and e-commerce channels through leased partnerships with Stein Mart, Gordmans and Frugal Fannies. Additionally, this segment operates mall-based branded specialty retail stores under the banner of Yellow Box footwear. Strategy The company’s growth strategy is to continue to strengthen its position as a footwear and accessories retailer by: expanding its business and omni-channel strategy to address changing consumer expectations, driving sales through enhanced merchandising, investing in its infrastructure, and utilizing its financial strength to invest in key initiatives. Intellectual Property The company has registered a number of trademarks, service marks and domain names in the United States and internationally, including DSW, DSW Shoe Warehouse and DSW Designer Shoe Warehouse. The company licensed its DSW Designer Shoe Warehouse trademark to Town Shoes. Seasonality The company’s business is subject to seasonal merchandise trends when its customers’ interest in new seasonal styles increases. New spring styles are primarily introduced in the first quarter, and new fall styles are primarily introduced in the third quarter. History DSW Inc. was founded in 1917.
dsw inc-class a (DSW:New York)
810 DSW Drive
Columbus, OH 43219
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