STEVEN MADDEN, LTD.

Steven Madden, Ltd. (NASDAQ: SHOO) operates as a global fashion footwear, accessories, and apparel company headquartered with operations spanning the United States, United Kingdom, Europe, Canada, Mexico, and numerous international markets. The company's website is https://www.stevemadden.com/.

The company designs, sources, and markets fashion-forward branded and private label products through an integrated wholesale and direct-to-consumer distribution model. Steven Madden operates approximately 6,300 employees globally, with roughly 2,100 based in the United States and 4,200 internationally. As of December 31, 2025, the company operated 399 brick-and-mortar retail stores and 133 concessions across international markets, complemented by seven branded e-commerce platforms.

Steven Madden's business is organized into four reportable segments. The Wholesale Footwear segment, representing 40.9% of revenue, distributes footwear through over 2,000 retailers including department stores, mass merchants, and online platforms. The Wholesale Accessories/Apparel segment comprises 25.3% of revenue and includes handbags, apparel, and accessories. The Direct-to-Consumer segment accounts for 33.4% of revenue through company-operated retail stores, outlet locations, concessions, and e-commerce channels. The Licensing segment represents 0.5% of revenue through trademark licensing arrangements.

The company owns and operates several prominent brands including Steve Madden, Kurt Geiger London, Dolce Vita, Betsey Johnson, Carvela, Blondo, and ATM. In May 2025, Steven Madden acquired Kurt Geiger and Carvela through its acquisition of Mercury Acquisitions Topco Limited, significantly expanding its accessible luxury footprint. The company also holds a license agreement for the Anne Klein brand.

Steven Madden's competitive positioning rests on design creativity, trend-responsive product development, quality at accessible price points, and speed-to-market capabilities. The company sources products from independently owned manufacturers across China, Cambodia, Vietnam, Mexico, Brazil, India, Bangladesh, Italy, and other countries, maintaining no owned manufacturing facilities. Distribution occurs through third-party logistics providers and company-operated distribution centers strategically located across North America, Europe, and international markets. The company's diverse brand portfolio and omnichannel distribution strategy enable it to serve varied consumer demographics and market segments globally.