Almost Famous news and archive

Steve Madden ups revenue and earnings forecast

Steve Madden’s revenue for the third quarter increased 13 percent to 624.7 million dollars, while net income contracted to 55.3 million dollars or 77 cents per diluted share, while adjusted net income dropped to 64.8 million dollars or 91 cents per diluted share. For fiscal 2024, the company now expects revenue will increase 13 percent to 14...

Business

Steve Madden Q1 revenues up 19 percent

Steve Madden’s first quarter revenue increased 19.1 percent to 552.4 million dollars compared to the same period of 2023. Gross profit as a percentage of revenue was 40.7 percent, while adjusted gross profit as a percentage of revenue was 40.7 percent in 2024. Net income attributable to Steven Madden, Ltd. was 43.9 million dollars or 60 cents...

Business

Steve Madden acquires Almost Famous for 52 million dollars

Steven Madden, Ltd. has completed the acquisition of privately held Almost Famous, a designer and marketer of women’s apparel. The company said in a statement that the acquisition was completed for 52 million dollars in cash, plus an earn-out provision based on future financial performance. Commenting on the acquisition, Edward Rosenfeld,...

Retail

Yourbrandspace.com officially launches Shop

London-based wholesale fashion platform Yourbrandspace.com has officially launched its first B2B online marketplace place on Thursday, July 2, named Shop. Functioning as the debut online marketplace for womenswear and accessory brands, Shop is open to retailers from around the world and allows them to purchase stock and short order items from...

Design

Pure London reports record rebook for 2015

Pure London continues to expand, following the success of its 36th edition this August. The fashion trade show has rebooked a recordamount of figures, as well as a record number of new exhibitors for its February show in 2015. Since it's SS15 edition, which received according to Julie Driscoll, portfolio director for Pure London at i2i Events...