Steven Madden
Apparel and textile industry company news
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US: Steve Madden Q3 profit up 29%
Footwear and accessories company Steve Madden posted a 28.5% increase in third quarter net profit, boosted by a surge in sales from newer brands.>
US: Record Q3 sales offset lower Steve Madden margins
Footwear company Steve Madden has reported improved Q3 net income, thanks to record sales.>
CANADA: Maple Lake launches new QuickAllocation tool
New merchandise allocation software launched by Maple Lake has been designed to enable retailers worldwide to run scenarios and calculations that factor in future customer dynamics.>
US: Bakers secures US$5m Madden investment
Speciality retailer Bakers Footwear Group has secured a US$5m debt and equity investment from footwear company Steve Madden, in return for a near-20% stake in the business.>
US: Steve Madden in Q2 net profit surge
Fashion footwear and accessories company Steve Madden’s second quarter profit surged up 63%, boosted by a 36.2% hike in revenues for the US company.>
US: Steve Madden lifts FY view as Q1 profit doubles
Footwear maker Steve Madden has raised its full-year guidance after a strong surge in sales more than doubled first-quarter profits.>
US: Steve Madden reports strong year
Steve Madden has reported a record year for sales and earnings despite the challenging economic environment and added that it had achieved operating margin figures ahead of its target date.>
US: Steve Madden teams with UES on new shoe line
New York-based shoe brand UES (Upper Echelon Shoes) and footwear powerhouse Steve Madden are teaming up on a joint collection for autumn 2010.>
US: New assortment management tool targets retailers
New assortment management software to help specialty retailers pick and choose the right merchandise for each store or season, has been launched by Maple Lake Ltd.>
US: Steve Madden reports record third quarter
Fashion footwear and accessories maker Steve Madden has delivered record third quarter sales and earnings, driven by higher sales, lower markdowns and cost cuts.>
US: Steve Madden signs license deal for new brand
US footwear company Steve Madden has signed an exclusive licensing agreement with Dualstar Entertainment Group to design, manufacture, and distribute a collection of footwear and accessories for its new Olsenboye brand.>
US: Steve Madden inks licensing deal with L’Koral
US fashion company Steve Madden has entered into a licensing agreement with L’Koral Industries to design and market a women’s fashion apparel line for the Steve Madden brand.>
US: Steve Madden ups guidance on strong Q2
Steve Madden has increased its full year guidance after strong growth in sales and net income in the second quarter.>
AUSTRALIA: Steve Madden unit calls in administrators
The Australian licensee of US-based shoe retailer Steve Madden has been placed in administration while a buyer is sought for the business.>
US: Steve Madden buys SML accessories brands for $1.25m
Footwear maker Steve Madden is expanding its accessories business with the acquisition of the Zone 88 and Shakedown Street lines of SML Brands LLC for $1.25m.>
US: Jones Apparel lifts stake in Asian licensee
Jones Apparel Group Inc has bought an extra 15% stake in GRI Group Limited, the exclusive licensee of several of its brands in Asia and Europe, for $15m.>
UK: Amery Capital buys Oliver Sweeney shoes
Investment firm Amery Capital has bought shoe company Oliver Sweeney Limited out of administration for an undisclosed sum, and says it now plans to develop the brand for international and direct sales.>
US: Steve Madden triples Q1 profit
Shoe maker Steve Madden has more than tripled its first quarter profit after “trend-right” footwear and accessories helped boost sales.>
US: Steve Madden Q4 profit soars 53%
Footwear maker Steve Madden has posted a 53% hike in fourth quarter profit, but lowered its earnings outlook for the year ahead due to the “challenging economic environment.”>
US: Steve Madden raises FY outlook on strong Q3
Shoe and accessories maker Steve Madden has raised its full year outlook after an “encouraging” third quarter performance in which sales rose 13%.>
US: Olsen twins sign licensing deal with Steven Madden
Footwear manufacturer Steven Madden has agreed a shoe licensing deal with Dualstar Entertainment Group for Elizabeth and James branded footwear.>
US: Steven Madden responds to Nasdaq letter
US footwear firm Steven Madden said it has received a letter of non-compliance by the Nasdaq Stock Market after the resignation of Walter Yetnikoff from the company's board of directors earlier this month.>
US: Wal-Mart to stock Jones Apparel footwear brand
Jones Apparel Group is expanding the distribution of its l.e.i. brand at Wal-Mart stores with the addition of a new range of junior and girls' footwear.>
US: Steven Madden names Edward Rosenfeld CEO
Footwear and accessories firm Steven Madden Ltd has appointed Edward Rosenfeld as chairman of the board and chief executive officer, effective immediately.>
US: Steven Madden inks Fabulosity shoe license
Shoe maker Steven Madden Ltd has signed a new licensing deal with Kimora Lee Simmons' KLSI and Phat Fashions to design, manufacture, market and distribute a collection of footwear and accessories for the Fabulosity brand.>
US: Steven Madden Q2 profit falls 28% to $7.6m
Shoe maker Steven Madden has posted a 27.6% drop in second quarter profit to US$7.6m , down from $10.5m in the prior year period.>
US: Steven Madden counts cost of departing CEO
Footwear firm Steve Madden saw its profit fall 78% during the first quarter, due largely to a one-time charge of US$3m resulting from the resignation of the company's former chief executive officer.>
US: Steven Madden buys 2.6m shares in “Dutch auction”
Footwear and accessories company Steven Madden is to buy 2.6m of the company’s shares at the conclusion of what it has called its “Dutch auction” tender offer.>
US: Rosenfeld is new Steven Madden CEO
Jamieson Karson has resigned as chairman and CEO of footwear company Steven Madden with immediate effect, to be replaced by Edward Rosenfeld.>
Top stories on just-style this week...
Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.>
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