Designer Brands Inc. Class A Common Stock (DBI)

Competitors to Designer Brands Inc. Class A Common Stock (DBI)

Caleres, Inc. 

Caleres, Inc. operates multiple footwear brands, including famous names like Famous Footwear and LifeStride, creating competition for Designer Brands Inc. through their focus on both branded and proprietary products. Caleres targets a similar market segment and emphasizes value and style, striving to capture a broader consumer base. While Designer Brands offers a wide range of popular brands, Caleres' multi-brand strategy provides resilient competition, with their established brand portfolio enabling them to adapt quickly to changing consumer preferences. Caleres may hold a competitive advantage due to its proprietary and private label offerings.

Foot Locker, Inc. 

Foot Locker, Inc. specializes in athletic footwear and apparel, targeting a similar demographic as Designer Brands Inc. Both companies compete in the retail space by offering a wide range of branded footwear options and leveraging their physical and online stores. Foot Locker, with its strong brand relationships and heavy reliance on exclusive product releases, competes directly with Designer Brands’ offerings of designer and branded footwear at their DSW stores. While Designer Brands holds a significant market presence with a broad selection of brands, Foot Locker's deep integration into the athletic community and exclusive partnerships may give it a slight edge in the athletic segment.

Genesco Inc. 

Genesco Inc., which owns both Journeys and Johnston & Murphy, competes with Designer Brands Inc. by targeting both younger and professional demographics with distinct footwear offerings. By presenting a dual approach to fashion and function, Genesco targets casual and more dressy footwear markets, similar to Designer Brands’ combined product lines. Genesco's strong focus on lifestyle branding, particularly with Journeys appealing to a younger, trend-driven crowd, allows it to find success with a unique consumer base that overlaps with DSW. As a leader in retail specialty stores, Genesco has a competitive edge in brand loyalty and specific market segmentation that poses a challenge to Designer Brands.

Shoe Carnival, Inc. 

Shoe Carnival, Inc. operates off-price and promotional footwear retailing, competing directly with Designer Brands Inc. through its discounted offerings and special promotions aimed at budget-conscious consumers. Shoe Carnival emphasizes experiential shopping, providing a fun in-store experience, which sets it apart from the more traditional shopping experiences offered by Designer Brands. While Designer Brands prides itself on a broader array of brand partnerships, Shoe Carnival's price competitiveness and ability to attract bargain hunters offer it a niche competitive advantage.