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New brands boost Steve Madden

30/10/2015
Shoe group Steve Madden has said its new footwear brands, Dolce Vita, Blondo and SM Mexico, helped drive third quarter sales up 5% to $413.5 million.

CEO Edward Rosenfeld said: “While the overall retail environment is choppy, we are pleased with the momentum in our business and remain on track to meet our earnings targets for the year.”

During the third quarter, the company opened two stores in Canada, one in Mexico and one US outlet location. It now has 165 stores or concessions.

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