Investors loved Designer Brands Inc.’s third quarter results, sending shares of the shoe retailer up nearly 48.5 percent in Tuesday’s trading session. Shares of Designer Brands ended the day’s trading session up $2.35 to close at $7.20. More from WWD Net income in the quarter ended Nov. 1 jumped 40 percent to $18.2 million on a net sales slip of 3.2 percent to $752.4 million. What was key in the quarter was the sequential improvement from the second quarter, indicating that strategic initiatives put in p ...