DSW to acquire operations of Camuto Group for $375m.

DSW, a North American footwear and accessories retailer, agreed to acquire operations of Camuto Group, a product design and brand development organization, for $375m. "The acquisition of Camuto Group is an exciting new growth opportunity for our company. We recently expanded our customer reach in North America through our Canadian retail subsidiary, and this partnership transforms DSW Inc. into one of the largest footwear companies in North America with industry-leading capabilities in product design, development, sourcing, production and marketing. With our expertise and infrastructure, we're confident this partnership will expand our platform to pursue new market share opportunities and become integral to more consumer purchase decisions," Roger Rawlins, DSW CEO.