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Supply-Chain Slowdown Could Cost Steve Madden $30M in Q1

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Despite ongoing issues in its supply chain, fashion footwear icon Steve Madden Ltd. showed confidence in its long-term prospects Thursday as it announced plans to reinstate its quarterly cash dividend in March and resume share repurchases in future periods. Speaking on a call with investors, CEO and chairman Edward Rosenfeld said the company’s fourth-quarter results,…

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