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Kurt Geiger had estimated revenue of approximately £400m ($516.8m) for the 12 months ended 1 February 2025. Credit: Paul Saad / Shutterstock

Steve Madden acquires Kurt Geiger to boost global reach

US fashion company Steve Madden has confirmed a £289m ($360m) all cash deal to bring British luxury footwear and accessories retailer Kurt Geiger into its fold with an apparel analyst describing the deal as "mutually beneficial". Steve Madden highlighted that Kurt Geiger London's unique market position aligns well with its strategic goals.

Source: Pharmaceutical Technology

Cascale buys BBI assets to scale responsible purchasing practices

Global non-profit Cascale has purchased select key assets from the Better Buying Institute (BBI) to scale the fashion industry’s adoption of responsible purchasing practices. It will help Cascale strengthen its commitment to fair supply chains and tackling unfair practices like abrupt alterations to orders and payment postponements.

Source: Pharmaceutical Technology

Nike, SKIMS deal is win-win for both

Nike and Kim Kardashian’s shapewear brand SKIMS have announced a new partnership which industry onlookers believe is going to pay off in a big way. The new NikeSKIMS brand promises to disrupt the global fitness and activewear industry thanks to its innovation and female-fitness and wellbeing centred vision.

Source: Pharmaceutical Technology

Quiksilver women's fashion returns to US and Canada

A partnership between Authentic Brands Group and Velocity Global Brands will see the relaunch of Quiksilver's women's apparel in the US and Canada. The agreement will see Velocity taking responsibility for the design, manufacture, and distribution of the Quiksilver women's clothing range in the region.

Source: Pharmaceutical Technology

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