Steve Madden makes major change following election results [Yahoo! Finance]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: Yahoo! Finance
In addition to Steve Madden, it also owns other labels, including Dolce Vita, Betsey Johnson, Blondo, and Greats. To effectively keep up with consumer demand and fashion trends, Steve Madden sources the majority of its products from abroad despite being American-based, just like most fast-fashion companies have done for decades. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter Many American companies tend to source their products from abroad due to far cheaper manufacturing and labor costs than are the standard in the U.S., allowing them to maximize profits. Related: Under Armour is struggling, but it may be turning a corner According to its third-quarter earnings report for 2024, Steve Madden reported revenues of $624.7 million, a 13% increase from the $552.7 million it reported in the same period last year. However, the outcome of this year's U.S. presidential election might lead Steve Madden and many other big retail companies to change their bus
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