News

Steve Madden to rethink Asian distribution in 2017

11/01/2017

Footwear group Steve Madden has reported fourth quarter sales of $336.4 million, a 2.3% drop on the same period of 2015.  The group’s wholesale division saw a 5.1% drop in revenue to $251.5 million, but that was offset somewhat by a 7.1% increase in retail sales, which totalled $84.9 million. For the 2016 fiscal year, total sales were $1.4...

To continue reading this story, please sign in or register.