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Steve Madden faces ‘headwind’ from Payless collapse

06/03/2019

US footwear group Steve Madden has reported net sales of $1.65 billion in 2018, an increase of 7% compared to the previous year. Its net income on this revenue was $129.1 million, compared to $117.9 million in 2017. This performance was helped by a strong fourth quarter, during which the group banked net sales of $410.4 million, up 12.6%...

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