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Evening Standard

Alex Daniel

Kurt Geiger sold to New-York based fashion firm for £289m

Kurt Geiger Cinven Steve Madden United States

The retailer has secured a new financing deal (Alamy/PA) -

Kurt Geiger is to be sold by its private equity owner Cinven for £289 million to fashion company Steve Madden.

Cinven bought the shoes and handbag brand in 2015, and has significantly expanded its presence in the US in recent years.

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