TO ALL :
Ken Moss
Subj: Steve Madden Ltd. announces signing of licensing agreement with Colors In Optics Date: 97-02-18 09:12:03 EST From: staff@quote.com To: quotecom-users@quote.com
News Alert from BusinessWire via Quote.com Topic: Steven Madden Ltd Quote.com News Item #2101745 Headline: Steve Madden Ltd. announces signing of licensing agreement with Colors In Optics Ltd. for sunglasses and sunglass accessories
====================================================================== LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Feb. 18, 1997--Steve Madden Ltd. (NASDAQ:SHOO), a leading designer and marketer of fashion footwear for women, Tuesday announced the signing of a licensing agreement with Colors In Optics Ltd. for sunglasses and sunglass accessories. Colors In Optics Ltd. is a privately held company that holds the licenses for better department store brands such as Gianni Versace and Versus, Andrea Jovine and Les Copaines. Colors In Optics is known in the industry for innovative product and design and is a leader in optical innovation. The initial sunglass line will debut at the Steve Madden Retail Stores. A roll-out to better department stores and specialty stores nationwide is planned for November delivery. Rhonda J. Brown, chief operating officer, stated: "The success of Steve Madden Footwear has accelerated the demand for more product lines with the Steve Madden label. The phenomenal equity of the Steve Madden name with young female consumers will drive a major expansion and licensing roll-out that will include hand bags, sportswear and other key apparel and accessory categories." Steve Madden Ltd. designs and markets fashion footwear for women that emphasize contemporary design. The shoes are sold through department stores, footwear specialty stores and catalogues.
CONTACT: Steven Madden Ltd. Rhonda Brown, 718/446-1800 or Kehoe, White, Savage & Co. Inc. James K. White, 310/437-0655
KEYWORD: FN NEW YORK INDUSTRY KEYWORD: APPAREL/TEXTILE RETAIL |