Steve Madden
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Increased tariffs pose challenge to Steven Madden's growth forecast
Footwear retailer Steven Madden’s fourth quarter revenue increased 12 percent to 582.3 million dollars with wholesale and direct to consumer businesses registering a 13.6 percent and 8.4 percent increase to 402.9 million dollars and 176 million dollars, respectively. Looking ahead, the company’s 2025 outlook including the Kurt Geiger acquisition...
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Why has Kurt Geiger changed hands so often?
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 the fashion industry and the challenges of growing a mid-luxury brand in a rapidly evolving retail landscape. The acquisition by Steve Madden in February 2025 marks yet another chapter for the UK-based...
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Steve Madden Acquires Kurt Geiger for 289 million pounds
Steve Madden is acquiring British footwear and accessories retailer Kurt Geiger. The US fashion company has entered into a definitive agreement to acquire Kurt Geiger for approximately 289 million pounds (approximately 360 million dollars), Steve Madden announced Thursday. The group is acquiring the footwear retailer from a group led by the...
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