×
73 599
Fashion Jobs
MICHAEL KORS
District Manager, Retail Development- Los Angeles, ca
Permanent · Remote
MICHAEL KORS
Sales Supervisor (pt) - The Woodlands Mall
Permanent · Houston
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Glendale
Permanent · Glendale
JCPENNEY
Asset Protection Associate - Plaza Bonita
Permanent · National City
JCPENNEY
Sales Floor Supervisor - South Park Mall
Permanent · San Antonio
JCPENNEY
Asset Protection Associate - Alderwood Mall
Permanent · Lynnwood
JCPENNEY
Sales Floor Supervisor - Washington sq
Permanent · Portland
JCPENNEY
Sales Floor Supervisor - Great Lakes Mall
Permanent · Mentor
ON RUNNING
sr Financial Analyst - Commercial Finance
Permanent · PORTLAND
ON RUNNING
Finance Systems Specialist
Permanent · PORTLAND
REISS
Area Visual Manager- South East
Permanent · MIAMI
URBN
Anthropologie Visual Merchandising Manager
Permanent · NEW YORK
URBN
Free People Assistant Visual Manager
Permanent · MIAMI
URBN
Free People Merchandise Planner
Permanent · PHILADELPHIA
SACK OFF 5TH
Asset Protection Investigator
Permanent · RIVERHEAD
BANANA REPUBLIC
Manager, Marketing Operations
Permanent · SAN FRANCISCO
OLD NAVY
Asset Protection Service Representative - Shops at Bruckner bl
Permanent ·
GAP INC.
sr Analyst, Finance - Forecast & Budget (Remote)
Permanent · ALBUQUERQUE
OLD NAVY
General Manager-Arsenal Yards
Permanent · WATERTOWN
CROCS
Crocs: Retail Area Manager Boston, ma
Permanent · BOSTON
NORDSTROM
Asset Protection - Agent - Midtown Mall Rack
Permanent · Anchorage
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Glendale
Permanent · GLENDALE
Published
Jan 31, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Steve Madden completes acquisition of Schwartz & Benjamin

Published
Jan 31, 2017

Steve Madden announced on Monday the acquisition of Schwartz & Benjamin, Inc. The acquisition was completed for cash at closing plus an earn-out provision based on financial performance through January 31, 2023.


Schwartz & Benjamin

 
Founded in 1923, Schwartz & Benjamin distributes its fashion footwear to wholesale customers, including better department stores, specialty boutiques and the retail stores of its brand partners. The company also designs and sources private label footwear for various retailers. Current Schwartz & Benjamin brand partners include Kate Spade, Rebecca Minkoff, Alice + Olivia and Avec Les Filles.
 
Following the acquisition, Chief Executive Officer Danny Schwartz, Chief Creative Officer Barbara Schwartz and President and Chief Operating Officer Steve Shapiro will remain with Schwartz & Benjamin.

Danny Schwartz, Chief Executive Officer of Schwartz & Benjamin, added, “We at Schwartz & Benjamin are excited to be joining forces with Steve Madden. We are proud of our 93-year history of creating footwear that satisfies the needs of our brand partners, wholesale clients and consumers, and we look forward to continuing to do so for many years to come with the added support and resources of Steve Madden. Barbara and I are pleased that Schwartz & Benjamin will operate as a stand-alone business with its current management team and employees, resulting in the transaction being seamless to our valued clients and business partners. Schwartz & Benjamin has tremendous opportunity for growth, and we look forward to working with Steve Madden to help the company reach its potential.”
 
Steve Madden announced in January an increase in retail net sales and retail comparable sales, which resulted in updated earnings per share guidance. The company expects its diluted EPS to be at the high end of its guidance range of $1.98 to $2.03.

Copyright © 2023 FashionNetwork.com All rights reserved.