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Designer Brands Inc. Announces Launch of New Charitable Designer Brands Foundation

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Designer Brands Inc. (NYSE: DBI) has launched the Designer Brands Foundation, reinforcing its commitment to community service. The foundation aims to empower individuals by removing barriers and helping them 'put their best foot forward'. It focuses on three areas: empowerment, inclusion, and local communities. The foundation is primarily funded by DBI and customer donations.

Key initiatives include:

  • A $50,000 donation to Girls on the Run International
  • Soles4Souls Back to School Campaign with over $4 million donated to date
  • An additional $1 million commitment for 2024
  • $100,000 pledged for community grants in its first year

The foundation represents a strategic approach to DBI's philanthropic efforts, aiming to create lasting change in communities where its associates live and work.

Designer Brands Inc. (NYSE: DBI) ha lanciato la Designer Brands Foundation, rafforzando il suo impegno per il servizio alla comunità. La fondazione mira a empowerment delle persone rimuovendo ostacoli e aiutandole a 'dare il meglio di sé'. Si concentra su tre aree: empowerment, inclusione e comunità locali. La fondazione è finanziata principalmente da DBI e da donazioni dei clienti.

Le iniziative chiave includono:

  • Una donazione di $50,000 a Girls on the Run International
  • La campagna Soles4Souls Back to School con oltre $4 milioni donati fino ad oggi
  • Un ulteriore impegno di $1 milione per il 2024
  • $100,000 promessi per sovvenzioni comunitarie nel suo primo anno

La fondazione rappresenta un approccio strategico agli sforzi filantropici di DBI, con l'obiettivo di creare un cambiamento duraturo nelle comunità in cui i suoi collaboratori vivono e lavorano.

Designer Brands Inc. (NYSE: DBI) ha lanzado la Designer Brands Foundation, reforzando su compromiso con el servicio comunitario. La fundación tiene como objetivo empoderar a las personas eliminando barreras y ayudándoles a 'dar lo mejor de sí'. Se enfoca en tres áreas: empoderamiento, inclusión y comunidades locales. La fundación es financiada principalmente por DBI y donaciones de clientes.

Las iniciativas clave incluyen:

  • Una donación de $50,000 a Girls on the Run International
  • La campaña Soles4Souls Back to School con más de $4 millones donados hasta la fecha
  • Un compromiso adicional de $1 millón para 2024
  • $100,000 prometidos para subvenciones comunitarias en su primer año

La fundación representa un enfoque estratégico a los esfuerzos filantrópicos de DBI, buscando crear un cambio duradero en las comunidades donde sus asociados viven y trabajan.

디자이너 브랜드 인크(Designer Brands Inc., NYSE: DBI)는 디자이너 브랜드 재단을 출범시켜 지역 사회 봉사에 대한 헌신을 강화했다. 이 재단은 개인을 Empower하기 위해 장애물을 제거하고 그들이 '최선을 다할 수 있도록' 돕는 것을 목표로 한다. 재단은 Empowerment, Inclusion, Local Communities의 세 가지 분야에 중점을 둔다. 재단의 주요 자금은 DBI와 고객 기부를 통해 조달된다.

주요 이니셔티브는 다음과 같다:

  • Girls on the Run International에 대한 $50,000 기부
  • Soles4Souls의 Back to School 캠페인, 현재까지 $4백만 이상 기부
  • 2024년을 위한 추가 $1백만 기여
  • 첫 해에 $100,000 커뮤니티 보조금 약속

이 재단은 DBI의 자선 활동에 대한 전략적 접근 방식을 나타내며, 직원들이 생활하고 일하는 지역 사회에서 지속 가능한 변화를 창출하는 것을 목표로 한다.

Designer Brands Inc. (NYSE: DBI) a lancé la Designer Brands Foundation, renforçant ainsi son engagement envers le service communautaire. La fondation vise à autonomiser les individus en supprimant les obstacles et en les aidant à 'donner le meilleur d'eux-mêmes'. Elle se concentre sur trois domaines : l'autonomisation, l'inclusion et les communautés locales. La fondation est principalement financée par DBI et par les dons des clients.

Les initiatives clés incluent :

  • Un don de 50 000 $ à Girls on the Run International
  • La campagne Soles4Souls Back to School avec plus de 4 millions de dollars donnés à ce jour
  • Un engagement supplémentaire de 1 million de dollars pour 2024
  • 100 000 $ promis pour des subventions communautaires lors de sa première année

La fondation représente une approche stratégique des efforts philanthropiques de DBI, visant à créer un changement durable dans les communautés où ses associés vivent et travaillent.

Designer Brands Inc. (NYSE: DBI) hat die Designer Brands Foundation ins Leben gerufen und damit sein Engagement für den Gemeindedienst unterstrichen. Die Stiftung hat das Ziel, Personen zu ermächtigen, indem sie Barrieren abbaut und ihnen hilft, 'ihr Bestes zu geben'. Sie konzentriert sich auf drei Bereiche: Empowerment, Inklusion und lokale Gemeinschaften. Die Stiftung wird hauptsächlich von DBI und Spenden von Kunden finanziert.

Zentrale Initiativen umfassen:

  • Eine Spende von 50.000 US-Dollar an Girls on the Run International
  • Die Soles4Souls Back to School Kampagne mit bis dato über 4 Millionen US-Dollar an Spenden
  • Ein weiteres Engagement von 1 Million US-Dollar für 2024
  • 100.000 US-Dollar für Gemeinschaftszuschüsse im ersten Jahr zugesichert

Die Stiftung repräsentiert einen strategischen Ansatz für die philanthropischen Bemühungen von DBI und zielt darauf ab, nachhaltige Veränderungen in den Gemeinden zu schaffen, in denen seine Mitarbeiter leben und arbeiten.

Positive
  • Launch of Designer Brands Foundation demonstrates commitment to corporate social responsibility
  • $50,000 donation made to Girls on the Run International
  • Over $4 million donated to Soles4Souls through various initiatives
  • Additional $1 million commitment to Soles4Souls for 2024
  • $100,000 pledged for community grants in the foundation's first year
Negative
  • None.

COLUMBUS, Ohio, Aug. 6, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company," "DBI" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, is proud to announce the launch of the Designer Brands Foundation.

This new foundation reinforces Designer Brands' and DSW Designer Shoe Warehouse's ("DSW") continued commitment to serving their communities. The Designer Brands Foundation's purpose is to advance the empowerment of individuals by removing barriers and helping them put their best foot forward. Notable contributions have already been made through the foundation, including a $50,000 donation from the DSW Foundation, part of the larger Designer Brands Foundation, to Girls on the Run International, a nonprofit that empowers elementary and middle school aged girls with confidence, teambuilding, personal independence and finding inner strength through physical activity and life skills lessons.

With a focus on three identified areas of impact: empowerment, inclusion, and local communities, the Designer Brands Foundation, primarily funded by DBI and customer donations, is an opportunity to broaden the Company's charitable giving, remove barriers and increase overall funding and support in the communities where DBI's associates live and work.

"The launch of the Designer Brands Foundation represents a significant step forward in our mission to make a positive impact where it matters most and allows us to give back to causes important to our associates and our communities," said Amy Jo Donohew, SVP of Human Resources at Designer Brands. "Philanthropic values have always existed within Designer Brands, but now through our foundation's strategic initiatives, we aim to empower even more individuals and support our diverse communities, so that we can all create meaningful and lasting change."

Beginning in July, Designer Brands kicked off its Soles4Souls Back to School Campaign in DSW stores nationwide. With over $4 million donated to Soles4Souls through register and VIP rewards donations and DBI contributions since the partnership's inception, and an additional $1 million commitment by the Designer Brands Foundation for 2024, this initiative aims to provide footwear to those in need. Furthermore, the Designer Brands Foundation is pledging $100,000 in community grants in its first year. The application is open now for eligible 501(c)(3) organizations. The Designer Brands Foundation is committed to taking more steps in the right direction and will continue to help families and communities put their best foot forward.

About Designer Brands
Designer Brands is one of the world's largest designers, producers and retailers of the most recognizable footwear brands and accessories, transforming and defining the footwear industry through a mission of inspiring self-expression. With a diversified, world-class portfolio of coveted brands, including Crown Vintage, Hush Puppies, Jessica Simpson, Keds, Kelly & Katie, Lucky Brand, Mix No. 6, Topo Athletic, Vince Camuto and others, Designer Brands designs and produces on-trend footwear and accessories for all of life's occasions delivered to the consumer through a robust direct-to-consumer omni-channel infrastructure and powerful national wholesale distribution. Powered by a billion-dollar digital commerce business across multiple domains and 675 DSW Designer Shoe Warehouse, The Shoe Co., and Rubino stores. In North America, Designer Brands delivers current, in-line footwear and accessories from the largest national brands in the industry and holds leading market share positions in key product categories across Women's, Men's and Kids'. Designer Brands also distributes its brands internationally through select wholesale and distributor relationships while also leveraging design and sourcing expertise to build private label products for national retailers. Designer Brands is committed to being a difference maker in the world, taking steps forward to advance diversity, equity and inclusion in the footwear industry and supporting a global community and the health of the planet by donating more than nine million pairs of shoes to the global non-profit Soles4Souls since 2018. To learn more, visit www.designerbrands.com.

For further information:
Media: Inspire PR for Designer Brands
Katie Lundy
Katie@inspireproup.com 

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SOURCE Designer Brands, Inc.

FAQ

What is the purpose of the new Designer Brands Foundation (DBI)?

The Designer Brands Foundation aims to empower individuals by removing barriers and helping them put their best foot forward. It focuses on three areas: empowerment, inclusion, and local communities.

How much has Designer Brands Inc. (DBI) donated to Soles4Souls?

Designer Brands Inc. has donated over $4 million to Soles4Souls through register and VIP rewards donations and DBI contributions since the partnership's inception. Additionally, the Designer Brands Foundation has committed an extra $1 million for 2024.

What is the value of community grants pledged by Designer Brands Inc. (DBI) for 2024?

The Designer Brands Foundation is pledging $100,000 in community grants for eligible 501(c)(3) organizations in its first year.

How is the Designer Brands Foundation (DBI) primarily funded?

The Designer Brands Foundation is primarily funded by Designer Brands Inc. (DBI) and customer donations.

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