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Everything Must Go At Steve Madden LES

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The Steve Madden outlet that popped up on the Ludlow and Rivington Streets is closing down. According to a sign seen at the store, everything must go, which means that the man's already inexpensive shoes are even cheaper ($5!). Are they clearing out stock so they can use the space as a genuine Madden outpost, or is the footwear designer abandoning the LES for good? We can only hope it is the latter, though it is probably the former.
· The New LES [Racked]
· Now Open: Steve Madden On Ludlow Street [Racked]
· Steve Madden Readying To Open On Rivington Street [Racked]