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Steven Madden wholesale & retail divisions post double digit sales growth
02 Aug '05
5 min read
Specifically, they will expand our retail base by opening 10 to 12 new stores for the year and will continue to evaluate potential strategic acquisitions.
Additionally, they will consider additional licenses similar to the recently announced handbag agreement which is designed to expand our offering and further validate Steve Madden as a contemporary lifestyle brand."
"For all of these reasons, we are optimistic as we move forward. Company believe our business is better positioned than ever before and we are confident that we will drive revenue and profitability growth and deliver enhanced shareholder value over the long-term," concluded Mr. Karson.
An online archive of the broadcast will be available within one hour of the conclusion of the call and will be accessible until August 16, 2005. Additionally, a replay of the call can be accessed by dialing (877) 519-4471, pin number 6305899 and will be available through August 4, 2005.
New York based Steven Madden Ltd designs and markets fashion-forward footwear for women, men and children. The shoes are sold through Steve Madden retail stores, department stores, apparel and footwear specialty stores, and on-line at http://www.stevemadden.com. The Company has several licenses for the Steve Madden brand, including handbags, eyewear, hosiery, and belts, and owns and operates 93 retail stores under its Steve Madden brand and two retail stores under its Steven brand. The Company is also the licensee for l.e.i. Footwear, Candie's Footwear and UNIONBAY Men's Footwear.
Additionally, they will consider additional licenses similar to the recently announced handbag agreement which is designed to expand our offering and further validate Steve Madden as a contemporary lifestyle brand."
"For all of these reasons, we are optimistic as we move forward. Company believe our business is better positioned than ever before and we are confident that we will drive revenue and profitability growth and deliver enhanced shareholder value over the long-term," concluded Mr. Karson.
An online archive of the broadcast will be available within one hour of the conclusion of the call and will be accessible until August 16, 2005. Additionally, a replay of the call can be accessed by dialing (877) 519-4471, pin number 6305899 and will be available through August 4, 2005.
New York based Steven Madden Ltd designs and markets fashion-forward footwear for women, men and children. The shoes are sold through Steve Madden retail stores, department stores, apparel and footwear specialty stores, and on-line at http://www.stevemadden.com. The Company has several licenses for the Steve Madden brand, including handbags, eyewear, hosiery, and belts, and owns and operates 93 retail stores under its Steve Madden brand and two retail stores under its Steven brand. The Company is also the licensee for l.e.i. Footwear, Candie's Footwear and UNIONBAY Men's Footwear.
Steven Madden Ltd
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