The group announced a 178.6% increase in Q2 revenue on Wednesday, growth driven by the retail channel, which was, nonetheless, still not able to bring the company’s sales in line with pre-pandemic levels.
The American footwear and accessories group announced on Wednesday that its revenues for the fourth quarter ended March 31, 2021, totaled $361.0 million, an increase of 0.5% from $359.2 million in the prior-year period.
Mazouzi previously served in various leadership roles at Sears Holdings Corporation, including head of Sears and Kmart footwear, home and fine jewelry and chief financial officer of Sears and Kmart footwear.
The American footwear, accessories and apparel group announced a 30.9% decrease in its third-quarter revenues on Tuesday, as the coronavirus pandemic continues to have a negative effect on its business.
In a statement, the apparel, accessories and footwear company said the decision comes "as a result of the increasing uncertainty related to the potential impact of COVID-19 on the company’s global business operations."
The American footwear and accessories company has announced that its net sales rose 12.4% in the second quarter ended June 30, 2019, totaling a record $445.0 million, compared to $395.8 million in the prior-year period.
The New York-based footwear and accessories group announced record first-quarter results on Thursday, with progress made across both its retail and wholesale segments, and its namesake Steve Madden brand leading the way.