The European joint venture was formed in June 2016 and distributes Steve Madden-branded footwear and accessories to most countries throughout Europe. The company's own brands include Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga.
“Since its formation nearly five years ago, our European joint venture has experienced strong double-digit percentage revenue growth each year, including a 21 per cent revenue gain in 2020 despite the impact of COVID-19. We are pleased to take full ownership of our business in this critical market, and look forward to continued growth in the region as we capitalise on our strong momentum and digital-first positioning,” said Steve Madden chairman and chief executive officer Edward Rosenfeld.
ALCHEMPro News Desk (RKS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
