Steven Madden’s stock fell in Monday premarket trading as the footwear and accessories company announced third-quarter revenue that missed analysts’ expectations and gave a profit outlook for the period below Wall Street’s view.
With Stuart Weitzman on the auction block, the designer reveals how he built a footwear brand that generates $300 million in annual revenue with a blend of refined aesthetics, wearability, affordable pricing and vertically integrated manufacturing.
In just over a year, Jonathan Hirschfeld and Max Schiller have managed to turn fledgling Swedish sneaker brand Eytys into a cult sensation, stocked at some of the world’s most influential stores. How did they do it?
Tod’s may spin off its luxury sneaker division, Hogan, according to a company spokeswoman.
More than a fashion trend, Vans has maintained double-digit growth for 19 consecutive quarters. BoF speaks to Kevin Bailey, president of the action sports division of VF Corporation, which owns Vans, to understand the key components of the company’s strategy.
BoF compiles the most important professional moves of the week.
Italian designer label Tod’s is edging away from its comfortable driving shoes, ballerina flats and platform sandals in an attempt to diversify its business and revive flagging sales.
Fast Fashion Meets Couture in Paris (IHT) “H&M has a particular reason to welcome the [Lanvin] collection to Paris: a new 2,800-square meter… store on the Champs-Élysées, designed by the French architect Jean Nouvel — the first time a ‘fast fashion’ chain has followed the architectural route.” Coach Gallops Into Europe (IHT) “Mr. Frankfort, chairman and CEO of the American accessories