Steve Madden Reports Strong Q2 Performance Driven by Trend-Right Product Mix
Steve Madden reported a strong second-quarter performance, driven by trend-right product offerings across its portfolio and robust sell-through during Nordstrom's anniversary sale. CEO Edward Rosenfeld highlighted enthusiastic consumer response to the company’s footwear mix, particularly in women’s dress shoes and casual categories featuring styles like split toes, jellies, hidden wedges, and rhinestone mesh designs. The Nordstrom event was a standout for Steve Madden, with increased sell-through compared to last year. The CEO noted that the brand's women's business had already shown improvement in 2025 during the previous anniversary sale, making this year’s results even more impressive. Wholesale footwear revenue reached $240 million, up 9% from a year ago (7.8% excluding Kurt Geiger). Full-price stores outperformed outlet channels and e-commerce continued to grow strongly. The company is also expanding its physical presence with new full-price Kurt Geiger locations in premium malls.
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Topics: consumer trends footwear industry retail