Steve Madden Acquires Almost Famous for USD 52m in Cash.
MANews-(C)2009-2023
US-based fashion footwear, accessories and apparel designer Steven Madden, Ltd. (NASDAQ: SHOO) has acquired women's apparel designer Almost Famous, for USD 52m in cash, the company said.
Almost Famous has been the exclusive licensee of Madden NYC apparel since its launch in 2022. Almost Famous distributes its products to wholesale customers, including mass merchants, department stores, off-price retailers and chain stores within the United States.
Almost Famous had revenue in the 12 months ended...
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