secwatch.observer — SEC 8-K summary
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Issuer:     STEVEN MADDEN, LTD. (SHOO)
CIK:        0000913241
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001493152-25-006235
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steve Madden to acquire Kurt Geiger for ~£289M cash
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- Enterprise value of approximately £289M in cash; expected close in Q2 2025.
- Kurt Geiger estimated revenue of ~£400M for twelve months ended Feb 1, 2025.
- Kurt Geiger brands include Kurt Geiger London, KG Kurt Geiger, Carvela; operates concessions in Harrods and Selfridges.
- Acquisition funded with committed debt financing and cash on hand; board unanimously approved.
- Positioned to expand international market, accessories categories, and direct-to-consumer channels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913241/000149315225006235/0001493152-25-006235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913241/000149315225006235/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-006235

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