secwatch.observer — SEC 8-K summary
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Issuer:     STEVEN MADDEN, LTD. (SHOO)
CIK:        0000913241
Form:       8-K/A
Filed at:   2025-07-16T23:59:59+00:00
Accession:  0001641172-25-019919
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steven Madden completes Kurt Geiger acquisition; acquired co. had $512M revenue, $52M net loss in FY2025
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- Acquired Kurt Geiger (Mercury Acquisitions Topco) for undisclosed amount; deal closed May 6, 2025.
- Kurt Geiger FY2025 (ended Feb 1, 2025): revenue $511.8M, gross profit $278.8M, net loss $52.0M.
- Acquired entity had $456.3M in total assets; $496.0M in shareholder loans and $83.3M long-term debt.
- Kurt Geiger operating income was $24.0M but $68.6M interest expense drove net loss; goodwill $99.7M.
- Geographic revenue: UK $268.3M, North America $188.5M, Europe $43.5M, Rest of World $11.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913241/000164117225019919/0001641172-25-019919-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913241/000164117225019919/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-019919

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