| Business Summary | | Steven
Madden,
Ltd.
designs,
sources,
markets
and
sells
footwear
brands
for
women,
men
and
children.
The
Company's
product
line
includes
core
products
that
are
sold
year-round,
complemented
by
a
broad
range
of
updated
styles
that
are
designed
to
establish
or
capitalize
on
market
trends.
The
Company's
business
is
comprised
of
three
distinct
segments.
The
wholesale
division
includes
five
brands:
Steve
Madden,
David
Aaron,
l.e.i.,
Stevies
and
the
Steve
Madden
Mens
brand,
which
was
launched
in
2001.
Steven
Madden
Retail,
Inc.,
the
Company's
wholly
owned
retail
subsidiary,
operates
Steve
Madden
and
David
Aaron
retail
stores,
as
well
as
the
Company's
outlet
stores
and
e-commerce
Websites.
The
Company's
wholly
owned
private-label
subsidiary,
Adesso-Madden,
Inc.,
designs
and
sources
footwear
products
under
private
labels
for
mass
merchandisers.
The
Company
also
licenses
its
Steve
Madden
and
Stevies
trademarks
for
several
accessory
and
apparel
categories. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Steven
Madden,
Ltd.
is
engaged
primarily
in
the
business
of
designing,
wholesaling
and
retailing
women's
shoes.
For
the
six
months
ended
6/30/01,
revenues
increased
23%
to
$113
million.
Net
income
rose
17%
to
$8.1
million.
Revenues
reflect
additional
wholesale
accounts,
increased
reorders,
and
the
opening
of
additional
retail
stores
and
outlet
stores.
Earnings
were
partially
offset
by
an
increase
in
payroll,
officers'
bonuses
and
related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Charles Koppelman, 60 Acting
Chairman | -- | -- | Jamieson Karson, 43 CEO,
Director | -- | -- | Rhonda Brown, 45 Pres,
Director | $851K | $1.0M | Arvind Dharia, 51 CFO,
Sec., Director | 344K | 157K | Joseph Masella, 52 Pres
of l.e.i. Wholesale Division and Stevies, Inc. | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|