Steven Madden, Ltd. is shifting production out of China as a result of rising operational costs in the country. Moving production will ease some of the financial burdens the company has been experiencing in recent years. In a news release, CEO Edward Rosenfeld said the company has already begun the process of diversifying its supply chain to reduce reliance on China. Rosenfeld said Mexico and Vietnam are seen as lucrative alternatives that will mitigate the impact of tariffs. The changes are expected to benefit the company in the coming years.