最新寄生虫源码|【唯一TG:@heimifeng8】|多语言谷歌留痕软件✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Steve Madden to buy UK
Reuters Published
February 13,最新寄生虫源码 2025
Shoe designer Steve Madden said on Thursday it would buy UK-based luxury brand Kurt Geiger in an all-cash deal valued at GBP289 million ($360.09 million), expanding its presence in international markets.
The New York-based owner of brands such as Dolce Vita and Betsey Johnson will buy the company from private equity firm Cinven.
Kurt Geiger's brand portfolio includes KG Kurt Geiger and Carvela. It operates in luxury and premium department stores in the UK such as Harrods and Selfridges.
Steve Madden plans to fund the transaction, which is expected to close in the second quarter, with a combination of cash on hand and debt.
Kurt Geiger had an estimated revenue of about GBP400 million for the 12 months ended February 1, 2025, the companies said.
Steve Madden is expected to post 2025 revenue of $2.25 billion, according to data compiled by LSEG, when it reports fourth-quarter results on February 26.
The company has outlined plans to shift product sourcing out of China to other countries after Donald Trump's election as U.S. president for a second term.