Steven Madden Ltd (OQ:SHOO)
Business Focus: Women's Footwear
| Sector: Consumer Cyclicals | Industry: Footwear |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 52-16 Barnett Ave LONG ISLAND CITY NY 11104 |
| Tel: | N/A |
| Website: | https://www.stevemadden.com |
| IR: | See website |
| Key People | ||
| Edward R. Rosenfeld Chairman of the Board, Chief Executive Officer | Amelia Newton Varela President, Director | Zine Mazouzi Chief Financial Officer |
| Lisa Keith Executive Vice President, General Counsel, Corporate Secretary | Awadhesh K. Sinha Executive Vice President - Operations | Karla Frieders Chief Merchandising Officer |
| Business Overview |
| Steven Madden, Ltd., and its subsidiaries designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel. The Wholesale Footwear segment designs, sources, and markets its brands and sells its products to department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs. The Wholesale Accessories/Apparel segment designs, sources, and markets its brands and sells its products to department stores, mass merchants, off-price retailers, online retailers, specialty retailers, independent stores, and clubs. The Direct-to-Consumer segment consists of Steve Madden and Dolce Vita full-price retail stores, Steve Madden outlet stores. Its Licensing segment is engaged in the licensing of the Steve Madden and Betsey Johnson trademarks for use in the sale of select apparel, accessory, and home categories as well as various other non-core products. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Steven Madden Ltd revenues decreased 7% to $1.98B. Net income decreased 21% to $171.6M. Revenues reflect Wholesale Footwear segment decrease of 12% to $1.05B, Retail segment decrease of 3% to $506.5M, First Cost segment decrease from $916K to $0K, Domestic segment decrease of 10% to $1.6B. Net income also reflects Wholesale Footwear segment income decrease of 23% to $205M. |
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