<SEC-DOCUMENT>0001493152-24-044808.txt : 20241112
<SEC-HEADER>0001493152-24-044808.hdr.sgml : 20241112
<ACCEPTANCE-DATETIME>20241112164534
ACCESSION NUMBER:		0001493152-24-044808
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20241112
DATE AS OF CHANGE:		20241112
EFFECTIVENESS DATE:		20241112

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STEVEN MADDEN, LTD.
		CENTRAL INDEX KEY:			0000913241
		STANDARD INDUSTRIAL CLASSIFICATION:	FOOTWEAR, (NO RUBBER) [3140]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				133588231
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-283163
		FILM NUMBER:		241449264

	BUSINESS ADDRESS:	
		STREET 1:		52-16 BARNETT AVE
		CITY:			LONG ISLAND CITY
		STATE:			NY
		ZIP:			11104
		BUSINESS PHONE:		7184461800

	MAIL ADDRESS:	
		STREET 1:		52-16 BARNETT AVENUE
		CITY:			LONG ISLAND CITY
		STATE:			NY
		ZIP:			11104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MADDEN STEVEN LTD
		DATE OF NAME CHANGE:	19931008
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>forms-8.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>File
No. 333 _______</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>As
filed with the United States Securities and Exchange Commission on November 12, 2024</B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>WASHINGTON,
D.C. 20549</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>FORM
S-8</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>REGISTRATION
STATEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>UNDER</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
SECURITIES ACT OF 1933</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>STEVEN
MADDEN, LTD.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Exact
name of Registrant as specified in its charter)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>13-3588231</B></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(State or other jurisdiction</FONT></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">of incorporation or organization)</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(I.R.S.
    Employer</FONT></P>
                                                         <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Identification Number)</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
</TABLE>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 49%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>52-16
    Barnett Avenue</B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Long
    Island City, New York</B></FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 49%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>11104</B></FONT></P></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address
    of principal executive offices)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Zip
    Code)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>STEVEN
MADDEN, LTD. 2019 INCENTIVE COMPENSATION PLAN</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Full
title of the plan)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Edward R. Rosenfeld</B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chief Executive Officer</B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Steven Madden, Ltd.</B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>52-16 Barnett Avenue</B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Long Island City, New York 11104</B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(718) 446-1800</B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Name, address and telephone number of agent for service)</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>



<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Copy to</I>:</B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Neda A. Sharifi</B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Foley &amp; Lardner LLP</B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>One Independent Drive, Suite 1300</B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Jacksonville, Florida 32202</B></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(904)
359-2000</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; border-top-width: 0in; text-align: justify; border-top-color: Black; border-bottom-width: 0in; border-bottom-color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting
company, or an emerging growth company. See definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller
reporting company,&rdquo; and &ldquo;emerging growth company&rdquo; in Rule 12b-2 of the Exchange Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-top-width: 0in; text-align: center; border-top-color: Black; border-bottom-width: 0in; border-bottom-color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 70%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Large
    accelerated filer &#9746;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 30%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accelerated
    filer &#9744;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-accelerated
    filer  &#9744; (Do not check if a smaller reporting company)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Smaller
    reporting company &#9744;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging
    growth company &#9744;</FONT></TD></TR>
  </TABLE>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. &#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 4pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>STATEMENT
PURSUANT TO GENERAL INSTRUCTION E TO FORM S-8</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
purpose of this Registration Statement is to register 8,000,000 additional shares of Common Stock, $0.0001 par value, of <FONT STYLE="background-color: white">Steven
Madden, Ltd.</FONT> (the &ldquo;Company&rdquo;) in connection with the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the &ldquo;Plan&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to General Instruction E of Form S-8, the contents of the Company&rsquo;s Registration Statement on Form S-8 relating to the Plan, Registration
No. 333-231874, including the documents incorporated by reference therein, are incorporated by reference into this Registration Statement,
except as set forth below.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PART
II</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
                                            8.</B></FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Exhibits</U>.</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
exhibits filed herewith or incorporated herein by reference are set forth in the Exhibit Index that appears below.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EXHIBIT
INDEX</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1in; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit
    Number</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; width: 0.1in">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Description</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.1</FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/913241/000149315224021609/ex3-1.htm" STYLE="-sec-extract: exhibit">Amended and Restated Certificate of Incorporation of <FONT STYLE="background-color: white">Steven Madden, Ltd</FONT>. (incorporated herein by reference to Exhibit 3.1 to the Company&rsquo;s Current Report on Form 8-K dated May 28, 2024)</A></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/913241/000149315222030151/ex3-1.htm" STYLE="-sec-extract: exhibit">Second Amended and Restated By-Laws of <FONT STYLE="background-color: white">Steven Madden, Ltd</FONT>., dated as of November 1, 2022 (incorporated by reference to Exhibit 3.1 to the Company&rsquo;s Current Report on Form 8-K filed with the SEC on November 2, 2022)</A> </FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/913241/000149315224021609/ex10-1.htm" STYLE="-sec-extract: exhibit">Steven Madden, Ltd. 2019 Incentive Compensation Plan as amended May 22, 2024 (incorporated herein by reference to Exhibit 10.1 to the Company&rsquo;s Current Report on Form 8-K dated May 28, 2024).</A></FONT></P></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5*</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ex5.htm">Opinion of Foley &amp; Lardner LLP.</A></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.1*</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ex23-1.htm">Consent of Ernst &amp; Young, LLP.</A></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.2*</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ex5.htm">Consent of Foley &amp; Lardner LLP (contained in Exhibit (5)).</A></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><A HREF="#pow_001"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Powers of Attorney (contained on the signature page to this Registration Statement).</FONT></A></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">107*</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="ex107.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filing Fee Table</FONT></A></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*Filed
herewith.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SIGNATURES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the requirements of the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;), the Company certifies that it has reasonable
grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be
signed on its behalf by the undersigned, thereunto duly authorized, in the City of Long Island City, State of New York on November
12, 2024.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>STEVEN MADDEN, LTD.</B></FONT></TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
  <TD STYLE="padding-bottom: 1pt; text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; width: 3%">By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
  Edward R. Rosenfeld</I></FONT></TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></TD>
    <TD>&nbsp;</TD>
  <TD STYLE="text-align: justify">Edward <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">R.
  Rosenfeld</FONT></TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></TD>
    <TD>&nbsp;</TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
  Executive Officer</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A NAME="pow_001"></A>Pursuant
to the requirements of the Securities Act, this Registration Statement has been signed by the following persons in the capacities on
or before November 12, 2024. Each person whose signature appears below constitutes and appoints <FONT STYLE="background-color: white">Edward
R. Rosenfeld and Zine Mazouzi,</FONT>, and each of them individually, his or her attorneys-in-fact and agents, with full power of substitution
and resubstitution for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments
(including post-effective amendments) to the Registration Statement and to file the same, with all exhibits thereto, and other documents
in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them,
full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as
fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact
and agents, or any of them, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Signature</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 59%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Title</FONT></TD></TR>
</TABLE>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left; width: 39%; vertical-align: bottom"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Edward R. Rosenfeld</I></FONT></P>
    </TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chairman
    and Chief Executive Officer (Principal executive officer)</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Edward
    R. Rosenfeld</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Zine Mazouzi</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"></FONT></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Financial Officer</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Zine
    Mazouzi</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT>(Principal
    financial officer)</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Amelia Newton Varela</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"></FONT></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President
    and Director</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Amelia
    Newton Varela</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Peter A. Davis</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"></FONT></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Peter
    A. Davis</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Al Ferrara</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"></FONT></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Al
    Ferrara</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Rose Peabody Lynch</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"></FONT></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Rose
    Peabody Lynch</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Mitchell S. Klipper</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT>Mitchell
    S. Klipper</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Maria Teresa Kumar</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Mar&iacute;a
    Teresa Kumar</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Peter Migliorini</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"></FONT></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Peter
    Migliorini</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Ravi Sachdev</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Ravi
    Sachdev</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Arian Simone Reed</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Arian
    Simone Reed</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 39%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Robert Smith</I></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; width: 59%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></P></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Robert
    Smith</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5
<SEQUENCE>2
<FILENAME>ex5.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Exhibit 5</B></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">
  <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 70%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="ex5_001.jpg" ALT=""></FONT></TD>
  <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 30%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">One
                                            Independent Dr<BR>
                                            Suite 1300<BR>
                                            Jacksonville, FL 32202-5017</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">904.359.2000
TEL</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">904.359.8700
FAX</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 7pt; text-transform: uppercase"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">foley.com</FONT></P>
</TD></TR>
</TABLE>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2in 0pt 0pt; text-align: right; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">November
12, 2024</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">Steven
Madden, Ltd.</FONT></P>

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">52-16
Barnett Avenue</FONT></P>

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">Long
Island City, New York 11104</FONT></P>

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: small-caps 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
  <TD STYLE="text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">Re:</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">Registration
  Statement on Form S-8</FONT></TD></TR>
</TABLE>


<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">Ladies
and Gentlemen:</FONT></P>

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have acted as counsel to Steven Madden, Ltd., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;), in connection with the preparation
of a Registration Statement on Form S-8 (the &ldquo;<U>Registration Statement</U>&rdquo;) to be filed by the Company with the Securities
and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;) under the Securities Act of 1933, as amended (the &ldquo;<U>Securities
Act</U>&rdquo;). The Registration Statement relates to an additional 8,000,000 shares of common stock, par value $0.0001per share (the
&ldquo;<U>Securities</U>&rdquo;), of the Company that may be issued pursuant to Steven Madden, Ltd. 2019 Incentive Compensation Plan,
as amended, incorporated by reference as Exhibit 4.1 to the Registration Statement (the &ldquo;<U>Plan</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
counsel to the Company, we have examined: (i) the Amended and Restated Certificate of Incorporation of the Company; (ii) Second Amended
and Restated Bylaws of the Company; (iii) the Plan; (iv) the Registration Statement; (v) resolutions of the Board of Directors of the
Company relating to the Plan and the issuance of the Securities thereunder; and (vi) such other corporate records, documents, agreements
and matters of law as we have considered necessary or appropriate for the purpose of this opinion. In our examination, we have assumed
the genuineness of all manual and electronic signatures, the authenticity of all documents submitted to us as originals, the conformity
with the originals of all documents submitted to us as copies, and the legal capacity of all natural persons executing such documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
express no opinion herein as to the laws of any state or jurisdiction other than the General Corporation Law of the State of Delaware
as currently in effect. This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under
the Securities Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the
prospectus that forms a part thereof, other than as expressly stated herein with respect to the issuance of the Securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Based
upon and subject to the foregoing, we are of the opinion that following (i) effectiveness of the Registration Statement, (ii) issuance
of the Securities pursuant to the terms of the Plan and as contemplated by the Registration Statement, and (iii) receipt by the Company
of the consideration for the Securities specified in the applicable resolutions of the Board of Directors of the Company or a duly authorized
committee thereof and the Plan, the Securities covered by the Registration Statement, , will be validly issued, fully paid and nonassessable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
opinion letter has been prepared for use in connection with the Registration Statement. We assume no obligation to advise you of any
changes in the foregoing subsequent to the effective date of the Registration Statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not hereby admit
that we are &ldquo;experts&rdquo; within the meaning of Section 11 of the Securities Act or that we come within the category of persons
whose consent is required under Section 7 of the Securities Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: small-caps 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify; width: 50%"></TD>
  <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none">Sincerely,</FONT></TD></TR>

<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify">&nbsp;</TD>
  <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none"><I></I></FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none"><I>/s/
  FOLEY &amp; LARDNER LLP</I></FONT></TD></TR>
</TABLE>


<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; text-decoration: none"><I>&nbsp;</I></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">
  <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AUSTIN
                                            | BOSTON | BRUSSELS | CHICAGO | DALLAS | DENVER | DETROIT | HOUSTON | JACKSONVILLE | LOS
                                            ANGELES | MADISON | MEXICO CITY | MIAMI | MILWAUKEE | NEW YORK | ORLANDO | RALEIGH | SACRAMENTO | SALT
                                            LAKE CITY | SAN DIEGO | SAN FRANCISCO | SILICON VALLEY | TALLAHASSEE | TAMPA | TOKYO | WASHINGTON, D.C.</FONT></P>
</TD></TR>
</TABLE>

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: small-caps 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-decoration: none">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>ex23-1.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
23.1</B></FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consent
of Independent Registered Public Accounting Firm</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
consent to the incorporation by reference in the Registration Statement (Form S-8 No. 333-231874) pertaining to the 2019 Incentive Compensation
Plan of Steven Madden, Ltd. of our reports dated March 4, 2024, with respect to the consolidated financial statements of Steven Madden,
Ltd. and the effectiveness of internal control over financial reporting of Steven Madden, Ltd. included in its Annual Report (Form 10-K)
for the year ended December 31, 2023, filed with the Securities and Exchange Commission.</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Ernst &amp; Young LLP</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">New
    York, NY</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">November
    12, 2024</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>4
<FILENAME>ex107.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
107</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Calculation
of Filing Fee Table</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FORM
S-8</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>REGISTRATION
STATEMENT UNDER THE SECURITIES ACT OF 1933</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>STEVEN
MADDEN, LTD.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Exact
Name of Registrant as Specified in its Charter)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Table
1: Newly Registered Securities</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Security Type</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Security Class Title</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fee Calculation Rule</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Amount Registered<SUP>(1)</SUP></B></FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposed Maximum Offering Price Per Unit<SUP>(2)</SUP></B></FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Maximum Aggregate Offering Price<SUP>(2)</SUP></B></FONT></TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fee Rate</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount of Registration Fee</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 16%; text-align: center">Equity</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 21%; text-align: center">Common Stock, $0.0001 par value per share</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%; text-align: center">Other</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">8,000,000</TD><TD STYLE="width: 1%; text-align: left">(3)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 6%; text-align: right">44.61</TD><TD STYLE="width: 1%; text-align: left">(2)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 6%; text-align: right">356,880,000.00</TD><TD STYLE="width: 1%; text-align: left">(2)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 6%; text-align: right">0.00015310</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 6%; text-align: right">54,638.33</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="9" STYLE="font-weight: bold; text-align: center">Total Offering Amounts</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">356,880,000.00</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">54,638.33</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="9" STYLE="font-weight: bold; text-align: center">Total Fee Offsets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.00</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="9" STYLE="font-weight: bold; text-align: center">Net Fee Due</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">54,638.33</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
                                            to Rule 416(a) promulgated under the Securities Act of 1933, as amended (the &ldquo;Securities
                                            Act&rdquo;), this Registration Statement on Form S-8 shall also cover any additional shares
                                            of common stock of Steven Madden, Ltd. (the &ldquo;Registrant&rdquo;) that become issuable
                                            under the Steven Madden, Ltd. 2019 Incentive Compensation Plan, as amended (the &ldquo;Plan&rdquo;),
                                            in accordance with the adjustment and anti-dilution provisions of the Plan.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD>&nbsp;</TD>
<TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD>&nbsp;</TD>
<TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Estimated
                                            in accordance with Rule 457(c) and Rule 457(h) promulgated under the Securities Act solely
                                            for the purpose of calculating the registration fee based on a per share price of $44.61,
                                            the average of the high and low price per share of the Registrant&rsquo;s common stock on
                                            November 7, 2024, as reported on the Nasdaq Stock Market LLC.</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD>&nbsp;</TD>
<TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD>&nbsp;</TD>
<TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Represents
                                            additional shares of the Registrant&rsquo;s common stock issuable under the Plan.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-indent: -22.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>ex5_001.jpg
<TEXT>
begin 644 ex5_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1" !H /H# 2(  A$! Q$!_\0
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M_P")7V73X]P^\HE\/:FZ@\)G )+FO] <X(.>F.?I7^7#_P ''O[3>G?M)?\
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MXAUO394TS6HXE_$'_@\<_P"2<?L"_P#90OCY_P"HC\.*_M*50J!!PJJ%
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M3-.) QD]3@>YJP%HI RD;@P*_P!X$$?GTIHDC;&'4DC( /+ C(*_W@1SD9H
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M)K\=Y\$O!]OX\^'OAK4-&TS1-+_M?40EK\.HWCL/![PVEK)'9P1K+Y7F-!&
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MQ?VD/V??VE?^")G[>^N_L]?&WX5?&_1?#5O\'- \1:M\*O'?AOQYIVA:Y/\
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MU@Z)K*1K"-6T'4&2/5-"U)H$6WDO='O;*XEMU6"61X5"#2_9^_9C_9\_93\
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9U#<:A?31RNJD274[=9&R44 >]T444 ?_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
