bb dakota news and archive

Steve Madden sales and earning grow in Q3, raise FY19 outlook

For the third quarter of 2019, Steve Madden said, net sales increased 8.5 percent to 497.3 million dollars, while gross margin was 38.4 margin compared to 38.2 percent in the same period last year, an increase of 20 basis points. Net income attributable to Steven Madden, Ltd. was 52.5 million dollars or 63 cents per diluted share compared to...

Business

Steve Madden expands apparel offerings with BB Dakota acquisition

Steve Madden has announced the acquisition of BB Dakota, a California-based contemporary women’s apparel company. The company said, founded in 2005 by Gloria Brandes, BB Dakota products are distributed to wholesale customers, including better department stores, e-commerce retailers and specialty boutiques, as well as on bbdakota.com. Commenting...