Richard P. Randall Intends to Retire from the Steven Madden, Ltd. as Director
April 03, 2020 at 09:04 am EDT
Share
On March 30, 2020, Richard P. Randall notified the Board of Directors of Steven Madden, Ltd. that he intends to retire as a director of the Company and does not wish to seek reelection at 2020 Annual Meeting of Stockholders. Accordingly, Mr. Randall will not be nominated by the Board for election at 2020 Annual Meeting, and Mr. Randall's term as a director will end when his current term expires at 2020 Annual Meeting.
Steven Madden, Ltd., and its subsidiaries designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel. The Wholesale Footwear segment designs, sources, and markets its brands and sells its products to department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs. The Wholesale Accessories/Apparel segment designs, sources, and markets its brands and sells its products to department stores, mass merchants, off-price retailers, online retailers, specialty retailers, independent stores, and clubs. The Direct-to-Consumer segment consists of Steve Madden and Dolce Vita full-price retail stores, Steve Madden outlet stores. Its Licensing segment is engaged in the licensing of the Steve Madden and Betsey Johnson trademarks for use in the sale of select apparel, accessory, and home categories as well as various other non-core products.