Philip Miller - Designer Brands Independent Director
Director
Mr. Philip B. Miller is no longer serving as an Independent Director of DSW Inc. effective June 10 2015. Mr. Miller is the President of Philip B. Miller Associates a consulting firm and an Operating Director of TriArtisan Capital Partners a privately held merchant bank and has held those positions since July 2001. Mr. Miller also serves on the Board of Directors of St. John Knits a position he has held since December 2002. Mr. Miller served on the Board of Directors of Kellwood until January 2008. Mr. Miller served as Chairman and Chief Executive Officer of Saks Fifth Avenue Inc. from 1993 until January 2000 and continued as Chairman of that company until July 2001. From 1983 to 1990 Mr. Miller served as Chairman and Chief Executive Officer of Marshall Fields Inc. Mr. Miller brings to the Board extensive experience in executive leadership and retail merchandising. since 2005.
| Age | 74 |
| Tenure | 19 years |
| Phone | 614 237-7100 |
| Web | www.designerbrands.com |
Designer Brands Management Efficiency
The company has Return on Asset of 0.0808 % which means that on every $100 spent on assets, it made $0.0808 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.14 %, implying that it generated $0.14 on every 100 dollars invested. Designer Brands' management efficiency ratios could be used to measure how well Designer Brands manages its routine affairs as well as how well it operates its assets and liabilities.The company has 160 M in debt with debt to equity (D/E) ratio of 19.2, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Designer Brands has a current ratio of 2.02, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Designer Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Designer Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Designer Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Designer to invest in growth at high rates of return. When we think about Designer Brands' use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0808 |
Designer Brands Leadership Team
Elected by the shareholders, the Designer Brands' board of directors comprises two types of representatives: Designer Brands inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Designer. The board's role is to monitor Designer Brands' management team and ensure that shareholders' interests are well served. Designer Brands' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Designer Brands' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Carrie McDermott, COO and Executive VP | ||
| Henry Aaron, Independent Director | ||
| Philip Miller, Independent Director | ||
| Joseph Schottenstein, Director | ||
| Drew Domecq, Senior Vice President CIO | ||
| Allan Tanenbaum, Independent Director | ||
| Jay Schottenstein, Executive Chairman | ||
| Harris Mustafa, Chief Supply Chain Officer and Executive VP | ||
| Michele Love, COO - Designer Shoe Warehouse, Executive Vice President | ||
| Elaine Eisenman, Independent Director | ||
| Carolee Lee, Independent Director | ||
| Joanne Zaiac, Independent Director | ||
| Carolee Friedlander, Independent Director | ||
| Roger Rawlins, CEO and Inside Director | ||
| Michael MacDonald, CEO and President and Director | ||
| Joanna Lau, Independent Director | ||
| Ekta SinghBushell, Independent Director | ||
| Simon Nankervis, Executive Vice President , Chief Commercial Officer | ||
| Christina Cheng, IR Contact Officer | ||
| Jared Poff, Interim CFO, Principal Financial Officer and Principal Accounting Officer | ||
| William Jordan, Chief Admin. Officer, Chief Compliance Officer, Executive VP, General Counsel and Secretary | ||
| Deborah Ferree, Vice Chairman, Chief Merchandising Officer | ||
| Harvey Sonnenberg, Independent Director | ||
| Peter Cobb, Independent Director | ||
| Mary Meixelsperger, CFO and Sr. VP |
Designer Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Designer Brands a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0808 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 7.91 % | |||
| Current Valuation | 1.73 B | |||
| Shares Outstanding | 70.7 M | |||
| Shares Owned By Insiders | 7.20 % | |||
| Shares Owned By Institutions | 97.75 % | |||
| Number Of Shares Shorted | 3.97 M | |||
| Price To Earning | 56.44 X |
Pair Trading with Designer Brands
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Designer Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Designer Brands will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Northern Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Trust to buy it.
The correlation of Northern Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Designer Stock
If you are still planning to invest in Designer Brands check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Designer Brands' history and understand the potential risks before investing.
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