News

Steve Madden snaps up family-owned footwear business

01/02/2017

Footwear group Steve Madden has announced the acquisition of US footwear business Schwartz & Benjamin, which specialises in private shoe labels and wholesale sales. The value of the deal has not been disclosed. Steve Madden said the brand’s 12-month net sales as of December 31, 2016 were approximately $87.6 million. “We are very pleased to...

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