Consumer >> CEO Interviews >> September 7, 1998
STEVE MADDEN is President & CEO of Steven Madden, Ltd. Mr. Madden has
been responsible for dictating the pace of footwear fashion for the past
seven years. It was in 1990 when with a mere $1,100 in his bank account,
he went into his own business. Sheer guts, years of experience in the
footwear business, as well as unique creative and design abilities, is
responsible for the stellar success of his enterprise. Since he launched
his flagship store in Manhattan's chic SoHo district, Mr. Madden has
opened stores in thirteen other prominent locations ' East 86the Street
in New York city, Roosevelt Field in Garden City, NY; the Garden State
Plaza in Paramus, NJ; Lenox Mall in Atlanta, GA; Queens Center Mall in
Elmhurst, NY; Willowbrook Mall in Wayne, NJ; Cherry Hill Mall in Cherry
Hill, NJ; Glendale Galleria in Glendale, CA; Staten Island Mall in
Staten Island, NY; Montgomery Mall in Bethesda, MD; South Shore Plaza in
Braintree, MA; Smithhaven Mall in Lake Grove, NY; Valley Fair Shopping
Center in Santa Clara, CA; Broward Mall in Plantation, Fl; Aventura
Mall, Aventura, FL; Coconut Grove in Coconut Grove, FL, Brea Mall in
Brea, CA; South Coast Plaza in Costa Mesa, CA and Westside Pavilion in
Los Angeles, CA. Thus, the company has expanded its retail base and is
nationwide. In addition, Mr. Madden's footwear can be found in better
department, and specialty stores nationwide, including Bloomingdales,
Nordstrom, Macy's , Dillard's, Wild Pair and the Buckle, among others.
With over $58 million in sales in 1997, MR. Madden is one of the most
successful entrepreneurs in the fashion footwear market. For 1998, more
exciting new business opportunities are planned, including aggressive
retail store expansion and licensing adding to his burgeoning business
in apparel and necessary categories. Profile
tell us what you see over the next two to three years as the challenges
and opportunities for your company, and then discuss the
