The teen-focused jewelry and accessories retailer has announced the appointment of Payless ShoeSource alum Michael Schwindle as executive vice president and chief financial officer, effective March 2, 2020.
The owner of brands including Steve Madden, Dolce Vita, Blondo and Brian Atwood reported increases in Q4 and full-year sales and earnings on Thursday, as retail revenues continued to rise despite growing headwinds.
Isabel Toledo, the Cuban-born independent designer who grew to be one of First Lady Michelle Obama’s favorites, has died at the age of 59. She passed away on Sunday in a New York, according to her husband Ruben Toledo.
The New York-based footwear and accessories group announced record first-quarter results on Thursday, with progress made across both its retail and wholesale segments, and its namesake Steve Madden brand leading the way.
The U.S. Bankruptcy Court for the Eastern District of Missouri has approved relief efforts for Payless as it shuts down approximately 2,500 stores in the U.S., Puerto Rico and Canada, as well as its e-commerce platform.