Steve Madden Snaps Up Kurt Geiger In $360 Million Deal: Details
Shares of fashion footwear, accessories, and apparel brand Steve Madden, Ltd. (NASDAQ:SHOO) are trading higher on Thursday. The company has agreed to purchase U.K.-based Kurt Geiger from a consortium led by the private equity firm Cinven for around 289 million British pounds ($360 million) in cash.
Steven Madden to buy UK-based luxury shoe brand Kurt Geiger
STORY: The world of fashion footwear has a new pair... as shoe designer Steven Madden on Thursday said it would buy UK-based luxury brand Kurt Geiger.The all-cash deal, valued at $360 million - expands Steve Madden's presence in international markets.
I get goosebumps just thinking about it.”Started in Long Island in 1990, Steve Madden also owns the Dolce Vita, Betsey ...
Beloved in the UK, the last 15 years has seen footwear giant Kurt Geiger on a wild ride of ownership changes, reflecting the turbulent nature of ...
Private equity firm Cinven has agreed to sell upmarket British shoe brand Kurt Geiger to New York-listed fashion group Steve Madden for around £289mn, in a deal that underlines the difficulty of ...
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