Steve Madden gains a bull at Citigroup on shifting trends, 'dupes' popularity

3 hours ago 1
Art Deco district of South Beach in Florida with shoes clothing store sign for Steve Madden on Lincoln road street in summer

ablokhin/iStock Editorial via Getty Images

The trend back to dress shoes will benefit Steve Madden (NASDAQ:SHOO), says Citigroup, with revenue expected to increase 12% next year thanks to the company’s shoe selection and contributions from its Kurt Geiger acquisition in February.

Steve Madden (NASDAQ:

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