STEVEN MADDEN, LTD.

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel. The company distributes its products through two main channels: wholesale and direct-to-consumer. Through its wholesale channel, Steven Madden, Ltd. sells to department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs across the United States, the United Kingdom, Europe, Canada, and Mexico. The company also reaches other international markets via joint ventures in South Africa, the Middle East, Israel, Australia, various European countries, Latin America, and certain Asian countries, as well as through special distribution arrangements in various European countries, North Africa, South and Central America, and various countries within the Asia-Pacific region. The direct-to-consumer channel includes company-operated retail stores, third-party concessions in international markets, and e-commerce platforms. This channel operates in the United States, the United Kingdom, Canada, Mexico, South Africa, the Middle East, Israel, and various countries in Europe, Latin America, and the Asia-Pacific region. As of December 31, 2025, the company's business is segmented. The Wholesale Footwear segment designs, sources, and markets footwear under its brands, selling these products to the aforementioned wholesale customers in the United States, the United Kingdom, Europe, Canada, and Mexico. This segment also utilizes joint ventures and special distribution arrangements for international reach. Wholesale Footwear products include dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes, designed for various lifestyles.