
The footwear group announced a net loss of $17.5 million, or $0.22 per diluted share, for the first quarter on Thursday, as the company’s sales suffered from the negative effects of Covid-19-related store closures.
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The footwear group announced a net loss of $17.5 million, or $0.22 per diluted share, for the first quarter on Thursday, as the company’s sales suffered from the negative effects of Covid-19-related store closures.
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 owner of brands including Steve Madden, Dolce Vita, Blondo and Brian Atwood reported increases in Q4 and full-year sales and earnings on Thursday, as retail revenues continued to rise despite growing headwinds.
As it counts down to its annual Fashion Show, Victoria's Secret has unveiled pieces from its collaborative collection with British designer Mary Katrantzou.
The NYC-based fashion footwear company announced on Monday that it has appointed the Hudson’s Bay alum to the newly created role of group president of retail, accessories and licensing.
Steve Madden managed to deliver results that were in line with forecasts in the fourth quarter and full year ended December 31, 2017, driven primarily by its flagship brand.
Luxury swimwear designer Orlebar Brown is offering a downloadable app that lets consumers become their own influencers by putting their Instagram photos on custom board shorts.
Though the Women's March has come and gone, fashion is not losing its support of Planned Parenthood. A collective of shoe designers, headed by Chloe Gosselin, has banded together to support the initiative.
For FY2015, Steve Madden retail net sales saw the highest increase at $240.3 million, 15.9% higher than FY2014. Retail comparable store sales also increased by 11.2%.
The company created two new positions, President and Chief Merchandising Officer, for two of its long standing employees, Amelia Newton Varela and Karla Frieders.