Steve Madden Announces Appointment of María Teresa Kumar to Board of Directors
January 07, 2021 at 06:59 am
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Steve Madden announced that María Teresa Kumar has joined the Board of Directors. Ms. Kumar’s appointment expands the Board to ten directors, eight of whom are independent directors. Ms. Kumar will be a member of the Company’s Corporate Social Responsibility Committee. Ms. Kumar is the President and CEO of Voto Latino, which she co-founded in 2004 and built into America’s largest Latinx voter registration and advocacy organization.
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.