77% of Sales Now Come From Top 50 Footwear Brands – Sourcing Journal

Designer Brands Inc. saw net sales jump 30.7 percent year over year to $853.5 million in the third quarter, up from $652.9 million in 2020 on net income of $80.2 million and record gross margins. Stock surged more than 18 percent in morning trading Tuesday on the better-than-expected earnings report. In a Nutshell: During the…

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