COUMBUS, Ohio, June 22, 2021 /PRNewswire/ — Designer Brands Inc. (NYSE: DBI), one of North America’s largest designers, producers and retailers of footwear and accessories, today announced two new executive appointments. These leaders will help support DBI’s strong market performance and its work to meet customer needs effectively and efficiently through its industry-leading omnichannel capabilities.
In addition to her ongoing role as Vice Chairman, Debbie Ferrée has been named President of Camuto Group, a role she has held on an interim basis since August 2020. In addition, William “Bill” Jordan has been named President of Designer Brands. Jordan was named Designer Brands’ Chief Growth Officer in February 2020 and will continue to lead that work in his new role. Both appointments are effective immediately.
“Designer Brands continues to stay ahead of retail consumer and fashion trends, as evidenced by our ongoing improving financial performance,” said Designer Brands Chief Executive Officer Roger Rawlins. “To maintain this competitive advantage, we need the right leaders to guide us in evaluating and identifying ways to enhance our organizational structure, including the ongoing integration of Camuto Group to unlock greater value for the enterprise. This ensures that we will continue meeting customers’ needs both in stores and online, as our business recovers and we make the necessary investments to build a stronger foundation for the future.”
As President of Camuto Group, Ferrée will accelerate her executive duties of advancing Camuto’s integration into the DBI organization and growing brands. Integration work includes continued growth of brands exclusive to DSW such as JLO Jennifer Lopez, Kelly & Katie, and Crown Vintage as well as our -other owned brands such as Vince Camuto. Our owned brands have gained strength in recent quarters and represented 15 of the top 25 selling items at DSW in first quarter of 2021.
As President of Designer Brands, Jordan will continue to oversee the enterprise’s shared services functions, including human resources and information technology. As part of Camuto Group’s continued integration, the sourcing and supply chain business functions will move under Jordan in Designer Brands’ shared services organization. This key operational centralization will enhance our speed to market,
Added Rawlins, “We have tremendous confidence in Debbie and Bill’s proven leadership, as evidenced by their navigation of a rapidly changing retail landscape, and by the trust earned from our associates. Today’s announcements signal commitment to our strategy as we grow customer loyalty and deliver successive improvement.”
About Designer Brands
Designer Brands is one of North America’s largest designers, producers and retailers of footwear and accessories. The Company operates a portfolio of retail concepts in nearly 700 locations under the DSW Designer Shoe Warehouse®, The Shoe Company® and Shoe Warehouse® banners. The Company designs and produces footwear and accessories through Camuto Group, a leading manufacturer selling in more than 5,400 stores worldwide. Camuto Group owns licensing rights for the Jessica Simpson® footwear business and footwear and handbag licenses for Lucky Brand®. In partnership with a joint venture with Authentic Brands Group, the Company also owns a stake in Vince Camuto®, Louise et Cie®, and others. More information can be found at www.designerbrands.com.