American footwear group Steve Madden has announced the acquisition of British luxury footwear brand Kurt Geiger for 289 million euros ($360 million) in cash, pending regulatory approval. The deal, expected to close in Q2, will expand Steve Madden’s high-end fashion portfolio. Edward Rosenfeld, CEO of Steve Madden, noted the brand’s growth potential, while Kurt Geiger CEO Neil Clifford highlighted the opportunity for further expansion. In the 12 months to February 1, 2025, Kurt Geiger reported 400 million euros ($500 million) in revenue.