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Designer Brands (DBI) had a terrible second quarter. The company was not only heavily impacted by the closing of their retail stores due to COVID, but they were also caught off guard by a change in consumer taste towards athleisure apparel and athletic footwear, as people were looking for comfort. DBI’s low assortment of such products negatively impacted their top line and caused them to lose market share to competitors. Having the wrong inventory also caused DBI to report e-commerce growth of 27% at DSW (its banner retail store), which is low compared