Steven Madden Ltd., which designs and sells shoes and accessories for young people, said Friday it has signed two license agreements with outside manufacturers for watches and girls' apparel.
The company said it signed a license with Vestal Group Inc., which will design, manufacture, and distribute Steve Madden and Steven by Steve Madden watches. It also signed a license with Mamiye Brothers to design, manufacture, and distribute a line of Stevies brand girls clothing, which will be sold exclusively through J.C. Penney starting in this year's holiday season.
Steven Madden didn't disclose the value of either license.
Posted by Devin Waring on June 23, 2006 6:43 PM
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