Steve Madden said it is “tired of being targeted” by Adidas for footwear design elements in new lawsuit. Courtesy Photos Steve Madden is suing Adidas in an effort to stop the German athletic company from its alleged efforts to “monopolize common design features in the fashion industry.” According to a lawsuit filed on Wednesday in […]
Nike Inc. is one of many footwear firms that signed a letter asking for an exemption for footwear from tariffs under the Trump administration. Lauren DeCicca/Getty Images The footwear industry is making sure its voice is heard in Washington. The Footwear Distributors and Retailers of America (FDRA), along with more than 80 leading U.S. footwear […]
Kurt Geiger’s new 2,916-sq.-ft. store on London’s Oxford Street. HUFTON AND CROW In a surprise move, Steve Madden is snapping up Kurt Geiger for 289 million pounds in cash, or $360 million at current exchange. Kurt Geiger’s private equity parent Cinven was first said to be considering a sale of the company back in 2023. […]
After years of refining its footwear category, Anne Klein is making its first significant push into sneakers. As it embarks on the move, the company is getting inspiration from the late designer’s famous quote: “Clothes won’t change the world, the women who wear them will.” A more footwear-specific version of the mantra will serve as […]
“I could tell you the hottest shoe from 1980 to now.” Sitting on a stool inside PMC Studios in New York, Steve Madden — wearing his signature Yankees cap — is reflecting on some of his own greatest hits through the years. He lights up when he talks about the Mary Lou, the big-toed patent leather Mary […]
Steve Madden shares dipped a little more than 1 percent in pre-market trading after the company reported earnings for the third quarter and downgraded its full-year outlook. In the third quarter, the company reported revenues of $552.7 million, down 0.7 percent compared to the same quarter in 2022. Adjusted net income was $65.1 million, or $0.88 per diluted […]