Steve Madden to acquire Kurt Geiger in £289m deal

Steve Madden is set to acquire Kurt Geiger in a £289m deal, marking the end of its seven-year ownership under private equity firm Cinven.
Kurt Geiger, which has grown into a key player in the luxury footwear, handbags, and accessories market, operates more than 70 stores across the UK and US, and has a notable presence in Europe, the Middle East, and Asia.
Cinven, who took control of the brand in 2015, has been instrumental in expanding the brand’s reach, particularly in North Americ