On the Record · Designer Brands
Designer Brands acquisitions, on the record
The businesses Designer Brands bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Topo Athletic LLC (Topo)Word for word“On December 13, 2022, we acquired a 79.4 % ownership interest in Topo for $ 19.3 million in cash.” 10-K for 2024 | acquisition | December 13, 2022 | — |
Keds business from Wolverine World Wide, Inc.Word for word“On February 4, 2023, we completed the acquisition of Keds for $127.3 million in cash consideration, funded with available cash and borrowings on the ABL Revolver.” 10-K for 2024 | acquisition | February 4, 2023 | $127.3 million in cash consideration |
Le Tigre 360 Global LLC (Le Tigre)Word for word“In July 2022, we acquired a 33.3 % ownership interest in Le Tigre, which manages the Le Tigre brand.” 10-K for 2024 | acquisition | July 2022 | — |
Topo Athletic LLCWord for word“On December 13, 2022, we acquired a 79.4 % ownership interest in Topo Athletic LLC ("Topo"), a designer of specialty athletic footwear that sells its Topo branded products at wholesale to retailers and international distributors and through its direct-to-consumer e-commerce site.” 10-K for 2025 | acquisition | On December 13, 2022 | — |
Rubino Shoes Inc.Word for word“On April 8, 2024, we acquired Rubino for $ 16.1 million in cash, which was funded with available cash and borrowings on the ABL Revolver.” 10-K for 2025 | acquisition | — | $ 16.1 million in cash |
Keds businessWord for word“On February 4, 2023, we completed the acquisition of the Keds business ("Keds").” 10-K for 2026 | acquisition | February 4, 2023 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-01-28 | $59.8 million | $53.8 million |
| 2018-02-03 | $0 | $0 |
| 2019-02-02 | $199.4 million | — |
| 2020-02-01 | $0 | — |
| 2021-01-30 | $0 | — |
| 2022-01-29 | $0 | $0 |
| 2023-01-28 | $19.1 million | $3.5 million |
Deal filings since 2016
- 2026-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-08-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-10-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Designer Brands’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-03-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.