Steve Madden, Ltd.

Steven Madden, Ltd. is a publicly traded company that designs and markets shoes and fashion accessories. Based in Long Island City, New York, the company's brands include Dolce Vita, Betsey Johnson, Blondo, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga.

History

Businessman Steve Madden started the company with $1,100 in 1990 by selling shoes out of the trunk of his car to small Manhattan stores, where their chunky platform look attracted clothing designers, such as Betsey Johnson, who used them in their fashion shows.[1] Steven Madden, Ltd. was incorporated in New York on July 9, 1990, and reincorporated under the same name in Delaware in November 1998.[2] The company went public in 1993, underwritten through Stratton Oakmont.[3] In December 2015, Steve Madden's Dutch operations were affected by the bankruptcy of Macintosh Retail Group.[4] The company reported net sales of US$1.98 billion for 2023.[5]

Awards and honors

  • Footwear News Company of the Year Award (2001, 2006, 2009, 2011, 2017)[6]
  • Footwear News Reader's Choice: Best Performing Wholesaler Award (2011)[7]
  • NASDAQ Honors Steve Madden & 20 Year Anniversary (June 2010)[8]
  • Nordstrom "Partners in Excellence" Award (May 2010)[9]
  • AAFA American Image Awards: Brand of the Year (2010)[10]
  • Footwear News Milestone Issue (February 2010)[11]

References

  1. About Steve Madden Steve Madden, retrieved 2022-06-23^
  2. Company Profile Steven Madden Ltd, retrieved 2022-06-23^
  3. Grant. International Directory of Company Histories St. James Press, February 12, 2001^
  4. Tara Hounslea. Macintosh Retail Group declared bankrupt Drapers, 31 December 2015, retrieved 11 October 2025^
  5. Form 10-K Steven Madden, Ltd., March 4, 2024, retrieved 2024-06-19^
  6. Katie Abel. The Ultimate Shoe Celebration: FNAA Winners From 1986 to 2019 Footwear News, 2020-10-26, retrieved 2022-06-27^
  7. Jennie Bell. Readers’ Choice: Best & Worst of 2011 Footwear News, 2011-12-19, retrieved 2022-06-25^
  8. Nasdaq, Inc. Steven Madden, Ltd. (SHOO) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell GlobeNewswire, June 14, 2010, retrieved 2022-06-25^
  9. Amy Martinez. Nordstrom rewards shareholders with higher dividend The Seattle Times, 2010-05-18, retrieved 2022-06-25^
  10. The AAFA American Image Awards to Honor Li & Fung; Steve Madden; John Bartlett; Fern Mallis; GAP Inc.; Shopbop.com; Bob & Suzanne Wright PRUnderground, April 12, 2010, retrieved 2022-06-25^
  11. EBay's Apparel Push: New Selling Formats, More Brands in Wings WWD, 2010-02-22, retrieved 2022-06-23^