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DSW and Hush Puppies Announce Exclusive Wholesale Partnership

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Designer Brands Inc. (DBI) announced an exclusive distribution partnership with Wolverine Worldwide (WWW) for Hush Puppies in North America. Starting in 2022, DSW Designer Shoe Warehouse will be the sole in-store distributor of Hush Puppies, enhancing its retail presence in the U.S. and Canada. This collaboration aims to align consumer profiles and elevate brand awareness. Hush Puppies will exit other North American retail channels while maintaining online sales. DSW operates over 600 stores and boasts 400 million e-commerce visits annually.

Positive
  • Exclusivity may strengthen DSW's market position.
  • Increased brand visibility for Hush Puppies through DSW's extensive network.
Negative
  • Hush Puppies exiting other North American retail operations could limit brand presence.

COLUMBUS, Ohio, Aug. 5, 2021 /PRNewswire/ -- Designer Brands Inc. (NYSE:DBI), one of North America's largest designers, producers and retailers of footwear and accessories, today announced exclusive distribution for Hush Puppies in North America, through partnership with Wolverine Worldwide (NYSE:WWW). This industry-forward initiative will make DSW Designer Shoe Warehouse the exclusive in-store distributor of Hush Puppies beginning in 2022, helping maintain DBI's retail presence throughout the U.S. and Canada, targeting ideal consumers and generating mutual brand growth and awareness.

"Hush Puppies is a wonderful brand for Millennials who desire both style and comfort in their busy, on-the-go lifestyles," said DSW's Chief Merchandising Officer Jim Weinberg. "We continue to deliver differentiated products to our customers, and this exciting new partnership between DSW and Wolverine Worldwide is a great opportunity to further build our robust assortment of brands that meet all our customers' needs. DSW customers have enjoyed Hush Puppies for years, and we are delighted to become the sole physical destination for this iconic brand in North America."

"We are thrilled to launch this partnership and have our line of optimistic, colorful and comfortable products exclusively available at DSW stores across the U.S. and Canada," said Kate Pinkham, General Manager & Vice President of Hush Puppies. "DSW's leading position as a footwear industry innovator makes them the perfect retailer to reintroduce our iconic brand to the next generation of Hush Puppies fans."

Hush Puppies will be available in all DSW and The Shoe Company stories in the U.S. and Canada, as well as online at DSW.com and TheShoeCompany.ca and on HushPuppies.com. DSW and The Shoe Company locations will also receive online returns from HushPuppies.com. Through this exclusive distribution partnership, Hush Puppies and DSW will benefit from their aligned consumer profiles and positionings. Hush Puppies will continue to sell products on their e-commerce site, HushPuppies.com, as well as internationally, but will exit all other North American retail wholesale operations effective January 1, 2022.

DSW is a leading footwear retailer in North America with more than 600 stores in the U.S. and Canada, and operates in Canada through both DSW and The Shoe Company. In addition to its strong brick-and-mortar presence, DSW continues to grow its robust omnichannel business, with more than 400 million ecommerce site visits a year and 30 million loyal VIP members.

Hush Puppies launched in 1958 with their iconic basset hound and a line of comfortable, colorful suede shoes made for the weekend. Quickly becoming the number-one brand in America and beyond, Hush Puppies have been sold around the world in over 550 stores across 45 countries, with strong consumer awareness.

ABOUT HUSH PUPPIES:
In 1958, Hush Puppies introduced the world to a new kind of footwear – shoes with casual style and an easygoing attitude made to relax in. Hush Puppies is a global brand, a household name and a cultural icon that embodies the lighthearted spirit of its beloved basset hound. It is the go-to footwear, accessory and apparel brand that delivers the right mix of timeless style and dependable comfort. Hush Puppies is a division of Wolverine World Wide, Inc. (NYSE:WWW), one of the world's leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. For more information, visit www.hushpuppies.com.

ABOUT DSW
DSW Designer Shoe Warehouse is a leading branded footwear and accessories retailer offering a wide selection of brand name and designer dress, casual and athletic footwear and accessories for women, men and kids. DSW operates more than 500 locations in 44 states and operates a robust ecommerce website at www.dsw.com, a mobile site at m.dsw.com and via mobile app. Founded in 1991, DSW is a division of Columbus, Ohio-based Designer Brands Inc.

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.

Hush Puppies Press Contact
Layne Hebert
Layne@lividini.com

Designer Brands/DSW Media Relations
mediarelations@dswinc.com

 

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SOURCE Designer Brands Inc.

FAQ

What is the new partnership between Designer Brands and Wolverine Worldwide about?

Designer Brands has announced an exclusive distribution agreement with Wolverine Worldwide to sell Hush Puppies through DSW stores starting in 2022.

When will Hush Puppies be exclusively available at DSW?

Hush Puppies will be exclusively available at DSW beginning in 2022.

How does the DSW and Hush Puppies partnership affect retail distribution?

Hush Puppies will exit all other North American retail wholesale operations, consolidating its distribution through DSW.

What are the benefits of the DSW and Hush Puppies partnership?

The partnership aims to boost brand visibility and align consumer profiles, benefiting both DSW and Hush Puppies.

What is the impact of this partnership on Designer Brands' stock?

While it's too early to determine, the exclusivity may enhance market positioning and brand growth, potentially impacting DBI's stock positively.

Designer Brands Inc.

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