Steve Madden Nears Deal to Buy Kurt Geiger Shoe Brand
Steven Madden Ltd. is nearing a deal to acquire fellow luxury footwear and fashion accessory brand Kurt Geiger Ltd. from private equity firm Cinven, people familiar with the matter said. Most Read from BloombergWhy American Mobility Ground to a HaltCan Portland Turn a Corner?
Private equity firm Cinven agrees to sell shoe brand Kurt Geiger for £289mn
Private equity firm Cinven has agreed to sell upmarket British shoe brand Kurt Geiger to New York-listed fashion group Steve Madden for about £289mn, in a deal that underlines the difficulty of buyout investments in European fashion businesses.
Kurt Geiger sold to New York’s Steve Madden for £289m
Private equity firm Cinven has announced the sale of Kurt Geiger to shoe brand Steve Madden for £289m. Cinven bought the footwear and accessories brand in 2015 for £245m, and has since greatly expanded the business in the US.
Steve Madden Is Snapping Up Kurt Geiger for $360 Million
In a surprise move, Steve Madden is snapping up Kurt Geiger for 289 million pounds, or $360 million at current exchange. Kurt Geiger’s private equity parent Cinven was first said to be considering a sale of the company back in 2023.
Steve Madden Board of Directors Approves Deal to Acquire Kurt Geiger
Steve Madden has definitively agreed to acquire UK-based Kurt Geiger from a group led by international private equity firm Cinven for an enterprise value of approximately £289 million in cash. The Board of Directors of Steve Madden has unanimously approved the transaction.
Steve Madden Buys Kurt Geiger for $364.1 Million
Steve Madden has entered a definitive agreement to purchase UK-based Kurt Geiger footwear and accessories brand for £289 million ($364.1 million).
U.S. Shoemaker Steve Madden Snaps Up British Luxury Brand Kurt Geiger For $360 Million
Steven Madden has agreed to buy luxury footwear and fashion accessory brand Kurt Geiger for about £289 million in cash.
Freshfields Advises Cinven as it Offloads Kurt Geiger Brand to Steve Madden
Freshfields is advising Cinven on its agreement to sell, with private capital partner Victoria Sigeti leading. Meanwhile, Steve Madden was advised by a cross-practice Travers Smith team on this transaction, led by corporate partner Jon Reddington, and supported by partner Jonathan Walters.
Cinven to sell UK footwear brand Kurt Geiger
Cinven has agreed to sell Kurt Geiger (KG), a global footwear, handbag and accessories brand, to Steve Madden. KG opened its first store in London in 1963. It operates a diverse omni-channel distribution approach, with over 70 stores across the UK and US, and has a presence in each of Europe, the Middle East and Asia.
Cinven sells Kurt Geiger to Steve Madden
Cinven has agreed to sell footwear, handbag and accessories brand Kurt Geiger to US-listed fashion giant Steve Madden. The private equity firm is offloading the luxury retailer for £289m, almost a decade after acquiring it in a deal worth £245m.
Steve Madden agrees to buy UK brand Kurt Geiger for $360m
US footwear, accessories and apparel retailer Steve Madden has agreed to acquire UK-based luxury brand Kurt Geiger from a group led by international private equity firm Cinven. The deal will be finalised for an enterprise value of £289m ($360m) in cash,
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