Steve Madden reports third quarter growth in footwear and apparel

Steve Madden CEO Edward R. Rosenfeld reported growth across the company's brand portfolio during the third quarter. The flagship Steve Madden brand saw strong performance in footwear, accessories, and apparel, driven by exceptional growth in casual styles, booties, and heels. This growth helped offset a decline in tall shaft boots.

The company also reported success in its handbag category and the launch of its denim line. Additionally, the Madden Girl and men’s footwear lines are showing year-over-year growth. Rosenfeld noted that the men’s segment is benefiting from a fashion shift toward loafers and updated dress shoes.

Regarding the Kurt Geiger brand, Rosenfeld highlighted a limited edition collaboration with Paddington Bear and the opening of a full-price store in New York City’s SoHo neighborhood. The brand is also expanding its presence through premium outlets and shop-in-shops at Macy’s locations.