Steve Madden, Ltd., a leading designer and marketer of fashion footwear and accessories for women, men and children, announced that its Board of Directors has fixed October 1, 2013 as the new distribution date for the previously announced three-for-two stock split, in the form of a stock dividend, of the Company's outstanding shares of common stock.
The previously announced record date for the stock split remains September 20, 2013. On the October 1, 2013 distribution date, all stockholders of record at the close of business on September 20, 2013 will receive one additional share of Steve Madden common stock for every two shares of common stock held on that date.
About Steve Madden
Steve Madden designs, sources and markets fashion-forward footwear and accessories for women, men and children. In addition to marketing products under its owned brands including Steve Madden, Steven by Steve Madden, Madden Girl, Freebird by Steven, Stevies, Betsey Johnson, Betseyville, Report Signature, Report, Big Buddha, Wild Pair, Cejon and Mad Love, the Company is the licensee of various brands, including Olsenboye for footwear, handbags and belts and Elizabeth and James, Superga, l.e.i. and GLO for footwear.
The Company also operates 118 retail stores (including the Company's three online stores). The Company licenses certain of its brands to third parties for the marketing and sale of certain products, including for ready-to-wear, outerwear, intimate apparel, eyewear, hosiery, jewelry, fragrance, luggage and bedding and bath products.