Steven Madden, Ltd. Announces the Resignation of Robert Schmertz as Brand Director
June 08, 2015 at 06:03 am EDT
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On June 4, 2015, Robert Schmertz, the brand director of Steven Madden, Ltd. submitted his resignation of employment to the company, to take effect immediately, which Mr. Schmertz has indicated is to allow him to pursue other opportunities. The company has no immediate plans to fill the position of Brand Director and anticipates that Mr. Schmertz will continue to provide services to the company in a consulting capacity on an as needed basis.
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.