Sustainable Brand Benchmark - Steven Madden

Steven Madden Ltd. (Steven Madden) is a fashion footwear company that designs, sources, markets and retails footwear for men, women, and children. It commercializes private label footwear, handbags, and accessories. The company sells products through retail stores, e-commerce websites, department stores, specialty stores, luxury retailers, value priced retailers, national chains, mass merchants and catalog retailers throughout the US, Canada, Mexico and other foreign countries. Steven Madden markets its products under Steve Madden, Steven by Steve Madden, Blondo, Dolce Vita, Betsey Johnson, GREATS, BB Dakota, Anne Klein, and Superga brands. It also sells products through special distribution agreements in Asia, certain areas in Europe, the Middle East, South Africa, South America, and Central America. Steven Madden is headquartered Long Island City, New York, the US.

The company reported revenues of (US Dollars) US$1,866.1 million for the fiscal year ended December 2021 (FY2021), an increase of 55.3% over FY2020. The operating profit of the company was US$243.6 million in FY2021, compared to an operating loss of US$31.6 million in FY2020. The net profit of the company was US$190.7 million in FY2021, compared to a net loss of US$18.4 million in FY2020. The company reported revenues of US$559.7 million for the first quarter ended March 2022, a decrease of 3.2% over the previous quarter.