secwatch.observer — SEC 8-K summary
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Issuer:     STEVEN MADDEN, LTD. (SHOO)
CIK:        0000913241
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001493152-23-037937
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steve Madden acquires Almost Famous for $52M; adds apparel revenue of $163M
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- Purchase price $52M cash plus earn-out based on EBIT targets through Sep 2027.
- Almost Famous had $163M revenue in 12 months ended Sep 30, 2023.
- Almost Famous is women's apparel designer/marketer, exclusive licensee of Madden NYC apparel.
- CEO Rosenfeld says acquisition enhances apparel platform, complementing existing business.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913241/000149315223037937/0001493152-23-037937-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913241/000149315223037937/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037937

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer