US fashion boss Steve Madden buys Kurt Geiger for £289m

US fashion boss Steve Madden buys Kurt Geiger for £289m

Fashion industry, Business, Fashion, The Wolf Of Wall Street, London, UK news, US news Business | The Guardian

​Madden served 31 months in prison for his links to a firm founded by The Wolf of Wall Street’s Jordan BelfortSteve Madden, the fashion boss best known for his links to the criminal antics depicted in the book and film The Wolf of Wall Street, is buying the UK footwear and accessories brand Kurt Geiger for £289m in cash.Madden’s Nasdaq-listed company said it had signed a definitive agreement to buy the London-based company, which also owns Carvela, from a group led by Cinven, the private equity firm that bought Kurt Geiger for £245m in 2015. The deal is expected to be completed by the end of 2025. Continue reading… 

Madden served 31 months in prison for his links to a firm founded by The Wolf of Wall Street’s Jordan Belfort

Steve Madden, the fashion boss best known for his links to the criminal antics depicted in the book and film The Wolf of Wall Street, is buying the UK footwear and accessories brand Kurt Geiger for £289m in cash.

Madden’s Nasdaq-listed company said it had signed a definitive agreement to buy the London-based company, which also owns Carvela, from a group led by Cinven, the private equity firm that bought Kurt Geiger for £245m in 2015. The deal is expected to be completed by the end of 2025.

Continue reading… 

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