Shoe Carnival Acquires Rogan's Shoes for $45M

Shoe Carnival Acquires Shoe Station

December 3, 2021

Retail

Shoe Carnival, Inc. acquired substantially all of the assets of family‑owned Shoe Station, Inc. for $67 million in a cash‑funded transaction. The deal adds 21 Southeastern retail locations and e‑commerce capabilities, is expected to be immediately accretive to diluted EPS in fiscal 2022, and contributes approximately $100 million in incremental net sales.

Arklyz Group / The Athlete's Foot Acquires Shoe City and ycmc.com

May 25, 2022

Retail

Arklyz Group, owner of The Athlete's Foot, has acquired Shoe City, a Baltimore-based sneaker and streetwear retail chain, together with its online platform ycmc.com. The acquisition adds approximately 40 retail locations in the DC-Maryland-Virginia (DMV) region and aims to accelerate omnichannel growth by integrating Shoe City into The Athlete's Foot organization.

Fleet Feet Acquires JackRabbit

November 5, 2021

Retail

Fleet Feet has acquired JackRabbit, bringing all JackRabbit retail locations across 15 states and the jackrabbit.com e-commerce business into the Fleet Feet network. The deal, completed in early December 2021 from affiliates of CriticalPoint Capital, expands Fleet Feet's national footprint to roughly 250 locally owned and operated running stores and strengthens its omnichannel capabilities.

Surefoot Acquires FrontRunners and Super Runners Shops

June 27, 2021

Retail

Park City-based ski boot retailer Surefoot, L.C. has acquired Los Angeles-based FrontRunners and New York City-based Super Runners Shops. The deal will relocate the acquired companies' headquarters to Surefoot's Park City offices and integrate Surefoot's custom footwear/orthotic technology into the running-store locations.

Steve Madden Acquires Kurt Geiger from Cinven

February 13, 2025

Retail

Steve Madden (Steven Madden, Ltd.) has entered into a definitive agreement to acquire UK-based footwear and accessories brand Kurt Geiger from private equity firm Cinven for an enterprise value of approximately £289 million in cash. The deal, subject to regulatory approvals, expands Steve Madden's international footprint and accessories and direct-to-consumer capabilities while building on Kurt Geiger's omni-channel growth and strengthened e-commerce position.

3G Capital Acquires Skechers U.S.A., Inc.

September 12, 2025

Consumer Products

Global investment firm 3G Capital has completed its previously announced acquisition of Skechers U.S.A., Inc., taking the footwear and apparel company private and resulting in Skechers’ delisting from the NYSE. Skechers will remain led by CEO Robert Greenberg and President Michael Greenberg as 3G pursues long‑term value creation and operational initiatives for the brand.