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Steven Madden Set to Take Big Virus Hit From Factory Delays, Air Freighting Product

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Steve Madden, Ltd. is the latest fashion company bracing for a coronavirus impact. In a Nutshell: Steve Madden’s fourth-quarter report revealed both weak growth and a weak trajectory for the next year as the company grapples with supply chain issues caused by the coronavirus outbreak, officially known as COVID-19. Steve Madden expects EPS headwinds of 20…

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