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Steven Madden Ltd. is still going strong.The company blew past analysts' mixed reviews leading up to its first-quarter earnings report. The firm posted profits of $34.5 million Cheap Yeezy From China , or 41 cents per diluted share, compared with $28.7 million, or 33 cents, in the prior-year period. On an adjusted basis, the bottom line increased more than 13% year over year to $35.1 million, or 42 cents per diluted share — surpassing earnings estimates of a flat 36 cents.Sales rose 5% to $410.9 million, compared with $389 million in the same period last year. That figure was also ahead of consensus bets of $404.7 million. (Analysts had cited the potential impact of the Easter calendar shift and dreary February temperatures on the company's sales.)"We are off to a strong start in 2019, with first-quarter results exceeding our expectations. Our flagship Steve Madden brand was the highlight in the quarter, with robust increases in the wholesale footwear and accessories businesses, as well as outstanding performance [online]," chairman and CEO Edward Rosenfeld said in a statement. "Looking ahead, we are confident that based on our strong brand portfolio, consistency in delivering on-trend product and proven business model, we are well positioned to drive sustainable growth and shareholder value over the long term."Steve Madden saw its stock rise nearly 4% at $35.25 before market open on Thursday.Additionally, wholesale revenues rose 5.1 percent to $348.1 million in the first quarter, with growth in its Steve Madden and Anne Klein brands offset by Payless ShoeSource's bankruptcy. (In February, the retailer filed its second Chapter 11 petition, subsequently shuttering all 2 Cheap Yeezy 350 ,500 of its North America stores.) Retail sales also trended positively, climbing 8.6% to $62.8 million. Overall, same-store sales improved 6.3% in the quarter, driven by the company's e-commerce business.Looking forward, Steve Madden announced that it would be raising its fiscal year 2019 guidance, expecting revenues to increase 5% to 7% over last year's numbers, compared with the previous guidance of a 4% to 6% gain. It anticipates diluted EPS in the range of $1.76 to $1.84 and adjusted diluted EPS between $1.78 to $1.86.Watch FN's video below.Want more?Was Steve Madden's Q1 Momentum Hurt By Bad Weather and Easter's Calendar Shift?Steve Madden Stock Surges on Stellar Q4 Performance — Investors Upbeat Despite Payless Bankruptcy The fashion industry once again made its mark on Time magazine's annual list of the world's most influential people.From the sports world to the entertainment sector, a number of these famous faces and notable names have made sartorial headlines in the past year — including newly minted Nike athlete Naomi Osaka, soprano pop star Ariana Grande and Meghan Markle's very own wedding dress designer, Clare Waight Keller, creative directly of Givenchy.Here, FN recalls these well-deserving A-listers' accomplishments.Naomi OsakaIt's been a banner year for the 21-year-old athlete, who earned her second Grand Slam victory at the 2019 Australian Open to become the No. 1 tennis player in the Women's Tennis Association rankings. It wasn't long until she was lionized with her own Barbie last month as part of the toy brand's Dream Gap Project. Then, just two weeks ago, Osaka signed an endorsement deal with Nike — ending her contract with rival sportswear giant Adidas. "Naomi is an incredible talent to add to our roster and help drive our commitment to inspiring a new generation of female athletes," said Amy Montagne, Nike's VP and general manager of global categories.Dwayne JohnsonAt the end of the year, The Rock's Under Armour endorsement was ranked the highest of all celebrity ambassadorships Cheap Adidas Ultraboost , taking the No. 4 position on Spotted's inaugural list of the 50 most valuable celebrity endorsers. In fact, the former pro wrestler's limited-quantity Project Rock 1 sneakers from the eponymous collection sold out in a mere half-hour after their release on both the athletic brand's website and UA stores across the country. (Johnson and Under Armour joined forces in 2016.)BTSThe K-pop band has amassed a loyal following dubbed the BTS Army, with fans tracking the seven-member group's every move — including the release of its 2018 album, "Love Yourself: Tear," and a high-profile appearance at the 2019 Grammy Awards. As Puma's global ambassadors, the BTS boys also released their own version of the brand's best-selling Basket shoe. "We are very happy to grow with BTS and hope to roll out meaningful campaigns with them in the future just like we have been doing for the last four years," said Adam Petrick, Puma's global director for brand marketing.Clare Waight KellerAs Givenchy's first female creative director, Waight Keller had much to prove — and she did not disappoint. Following Riccardo Tisci's departure from the house in March 2017, the designer produced successful collection after collection, leading up to the high-profile creation of Meghan Markle's very own wedding dress — a minimalistic haute couture gown with a classic bateau neckline and intricate train, including a pair of the brand's signature pointed shoes in silk duchess satin. Last year, Waight Keller also took home the British Designer of the Year Womenswear Award at the Fashion Awards.Ariana GrandeIn the past 12 months, the diminutive pop star experienced more than most people have in their lifetimes. She released her fourth studio album to critical acclaim, got engaged to comedian Pete Davidson, her ex-boyfriend, rapper Mac Miller, died Cheap Adidas Ultraboost From China , and won her first Grammy Award. Not to mention she's the headliner of the 2019 Coachella Valley Music and Arts Festival. Upon being presented with Billboard's Woman of the Year award in December, Grande memorably remarked, "I find it interesting that this has been one of the best years of my career and the worst of my life."Taylor SwiftAlthough Swift has kept her public appearance relatively low-profile in 2018, the songstress' popularity clearly hasn't waned. She followed up the release of her 2017 studio album, "Reputation," with a record-breaking stadium tour, which sold more than 2 million tickets and raked in more than $345 million in revenue — her highest-grossing concert tour to date (and the 13th highest of all time). With 23 trophies, Swift also surpassed Whitney Houston to become the most decorated female winner in American Music Awards history.Lady GagaIt was 2018 when this star was born. The multi-hyphenate Gaga established herself as a big-screen talent when she earned an Academy Award for the song “Shallow” in the musical drama, “A Star Is Born,” directed by actor Bradley Cooper. (She also received a Best Actress nod.) She also took nominations at the BAFTAs, Golden Globes and Screen Actors Guild. The movie's soundtrack debuted at number one in the United States, consequently making Gaga the only woman with five No. 1 albums in the 2010s — breaking her tie with fellow artist Taylor Swift.Pierpaolo PiccioliOscar winner Frances McDormand couldn't have penned a better tribute to the Valentino artistic director: "He feels no need to erase the past but builds on its foundation and by doing so makes the future of the house stronger, braver." After all, Piccioli was responsible for the classic-turned-contemporary custom acid yellow Birkenstocks McDormand wore to the 2019 Academy Awards. (The actress also offered a helping hand in the shoe's design.) He also notably received a standing ovation for his fall '18 hau


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By manarh » Fri 12-Jul-2019, 21:38, My rating: ✭ ✭ ✩ ✩ ✩

Pierpaolo PiccioliOscar winner Frances McDormand couldn't have penned a better tribute to the Valentino artistic director

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