Steve Madden (company)

Steven Madden, Ltd.
Public
Traded as NASDAQ: SHOO
S&P 600 Component
Founded 1990
Headquarters 52-16 Barnett Ave.
Long Island City, New York, United States
Key people
 Steve Madden - Founder, Creative & Design Chief
Edward Rosenfeld - CEO
Products Shoes & Accessories
Revenue IncreaseUSD $1.4 Billion (FY 2015)
Number of employees

3.800

industry = Footwear & Accessories
Website stevemadden.com
A shop located in Beijing

Steven Madden, Ltd., also known as Steve Madden, is a publicly traded company based in Long Island City, New York. Founded by the eponymous designer and businessman, Steve Madden, the company designs and markets shoes and fashion accessories for women, men and children. The company's brands include Steve Madden, Steven by Steve Madden, Madden Girl, Freebird by Steven, Stevies, Betsey Johnson, Betseyville, Report Signature, Report, Big Buddha, Wild Pair, Cejon, and Mad Love.

History

According to the company website, Steve Madden started the company with $1,100 in 1990 by selling shoes out of the trunk of his car.[1] Steven Madden, Ltd. was incorporated in New York on July 9, 1990 and reincorporated under the same name in Delaware in November 1998.[2] He was convicted of fraud. The company reported net sales of $1.4 billion for 2015.[3]

Retail stores

There are approximately 120 Steve Madden stores across the United States, and 250 in over 65 countries.

Another location will be opening up in Myrtle Beach, South Carolina in Spring of 2018.[4]

Awards and honors

  • Footwear News Best Performing Wholesaler Award (December 2011)[5]
  • Footwear News Company of the Year Award (November 2011)[6]
  • NASDAQ Honors Steve Madden & 20 Year Anniversary (June 2010)[7]
  • Nordstrom "Partners in Excellence" Award (May 2010)[8]
  • AAFA American Image Awards - Brand of the Year (May 2010)[9]
  • Footwear News Milestone Issue (February 2010) [10]
  • Footwear News Company of the Year Award (December 2009)[11]

References

  1. ↑ "About Steve Madden". stevemadden.com. Retrieved 29 February 2016.
  2. ↑ "Investor Relations - Corporate Profile". stevemadden.com. Retrieved 1 March 2016.
  3. ↑ "Steve Madden Announces Fourth Quarter and Full Year 2015 Results and Provides Initial Fiscal Year 2016 Sales and EPS Guidance". Business Wire. Retrieved 1 March 2016.
  4. ↑ http://www.myrtlebeachonline.com/news/local/article195404514.html
  5. ↑ "Footwear News. "Readers' Choice: Best & Worst of 2011"".
  6. ↑ "Footwear News". Footwear News.
  7. ↑ The NASDAQ OMX Group, Inc. "UPDATE -- Steven Madden, Ltd. (SHOO) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell". GlobeNewswire News Room.
  8. ↑ "Nordstrom rewards shareholders with higher dividend". The Seattle Times.
  9. ↑ "The AAFA American Image Awards to Honor Li & Fung; Steve Madden; John Bartlett; Fern Mallis; GAP Inc.; Shopbop.com; Bob & Suzanne Wright". PRUnderground.
  10. ↑ PMC Engineering. "EBay's Apparel Push: New Selling Formats, More Brands in Wings". WWD.
  11. ↑ "Footwear News". Footwear News.
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