Performance in Q4 was driven by a recovery in the core Steve Madden footwear business and a strong contribution from the newly acquired Kurt Geiger brand. Management attributes the 2025 challenges primarily to disruption and negative impacts from new U.S. tariffs, which particularly affected price-sensitive segments. The Steve Madden brand returned to growth in Q4 following two quarters of decline, supported by a 10% year-over-year increase in online searches and robust demand across multiple silhouet ...