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Designer Brands is one of North America’s largest designers, producers and retailers of footwear and accessories. Our business segments include world-class design and sourcing operations, a robust wholesaling business, and more than 1,000 points of distribution.

DSW Inc. Announces Departure of President, Peter Horvath


COLUMBUS, Ohio, May 29 /PRNewswire-FirstCall/ -- DSW Inc. announced effective May 29, 2008, the resignation of its president, Peter Horvath, who is leaving the company to pursue another opportunity.

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"All of us at DSW appreciate the important contributions Peter has made to the DSW brand," said Jay Schottenstein, chairman and CEO of DSW Inc. "We wish him success in his future professional pursuits."

Separately, the Board of Directors and Mr. Schottenstein have initiated a national search for a CEO. Once the search is completed, Mr. Schottenstein will retain the role of chairman.

DSW Inc. is a leading branded footwear specialty retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear for women and men. As of May 29, 2008, DSW operated 270 stores in 37 states and operated an e-commerce site, . DSW also supplied footwear to 384 leased locations (36 for related retailers and 348 for non-related retailers) in the United States. For store locations and additional information about DSW, visit .

    -0-                             05/29/2008
    /CONTACT:  Debbie Mitchell, +1-614-872-1078,, or
Leslie Neville, +1-614-872-1255,, both of DSW Inc./
    /Photo:  NewsCom:
              AP Archive:
              PRN Photo Desk, /
    /Web site:

CO:  DSW Inc.
ST:  Ohio

-- CLTH036 --
3596 05/29/2008 06:55 EDT


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