DSW Changes Name To Designer Brands, Sets 3-Year Growth Plan

DSW Inc. presented the company’s three-year strategic priorities designed to leverage its business model to unlock value and deliver 2021 adjusted earnings per share in the range of $2.65 to $2.75. The company also unveiled its new corporate name – Designer Brands Inc. – which supports its new vision for the future following its acquisition of Camuto Group.

DSW Shows Loss In Q4

DSW Inc. reported a loss on an adjusted basis of $5.4 million, or 7 cents a share, against adjusted earnings of $30.8 million, or 38 cents, a year ago. Results came in short of Wall Street’s average target of earnings of 3 cents. 

OBIT: Darrell Lowrance

Darrell J. Lowrance, founder of Lowrance Electronics Inc., died Saturday at the age of 80. Lowrance brought early technology to recreational fishing with the invention of the first portable sonar “fish finder”—the Fish-Lo-K-Tor—for the average angler.

Unifi Announces Leadership Transition

Unifi Inc. on Monday announced a series of leadership changes. Kevin Hall has resigned as CEO and director, while the board of directors elected Albert Carey, currently the company’s non-executive chairman, as its executive chairman, effective April 1, and also appointed Thomas Caudle Jr. as the company’s principal executive officer, effective immediately.

PTR Appoints Milena Stephens To Education Position

Professional Tennis Registry (PTR) has named Milena Stephens as its new education administrative coordinator. In this position, Stephens will ensure every member has the resources to be fully prepared for a certification workshop or event.

Esports Set To Take Off

EMarketer became the latest research firm to come out with the bullish forecast on the growth potential of esports as well as the related advertising opportunity to reach a hard-to-reach and coveted millennial demographic. The reports come as Nike, Adidas, Puma, Fanatics, Champion and others have all recently inked sponsorship deals.