Steve Madden to Buy UK Shoe Brand Kurt Geiger for $360 Million [Yahoo! Finance]
Steven Madden, Ltd. (SHOO)
Last steven madden, ltd. earnings: 2/27 06:59 am
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Source: Yahoo! Finance
In This Article SHOO (Bloomberg) -- Steven Madden Ltd. agreed to acquire luxury footwear and fashion accessory brand Kurt Geiger Ltd. for about £289 million ($360 million) in cash. Most Read from Bloomberg Why American Mobility Ground to a Halt Can Portland Turn a Corner? Saudi Arabia's Neom Signs $5 Billion Deal for AI Data Center SpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in May Cutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Says Long Island-based Steve Madden has signed a deal to buy the shoe designer from an investor group led by private equity firm Cinven, according to a statement on Thursday confirming an earlier Bloomberg News report. The transaction is expected to close in the second quarter, subject to regulatory clearance. Steve Madden has a market value of about $2.7 billion. The company's shares have fallen about 25% in New York trading from a recent peak in October. Kurt Geiger, founded in central London in 1963, was ac
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SHOO
News
- Steven Madden (NASDAQ:SHOO) had its "outperform" rating reaffirmed by analysts at Telsey Advisory Group.MarketBeat
- Steven Madden (NASDAQ:SHOO) had its "neutral" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- Steven Madden (NASDAQ:SHOO) had its "buy" rating reaffirmed by analysts at BTIG Research.MarketBeat
- Steven Madden (NASDAQ:SHOO) had its "outperform" rating reaffirmed by analysts at Telsey Advisory Group. They now have a $45.00 price target on the stock.MarketBeat
- Steven Madden (NASDAQ:SHOO) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
SHOO
Earnings
- 11/5/25 - In-Line
SHOO
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 144
- 12/2/25 - Form 4
- SHOO's page on the SEC website