Steve Madden Acquires Almost Famous
October 23, 2023
Steven Madden, Ltd. (Steve Madden) completed the acquisition of privately held Almost Famous, a designer and marketer of women's apparel, for $52 million in cash plus an earn-out. Almost Famous reported approximately $163 million of revenue for the 12 months ended September 30, 2023 and sells through wholesale channels (mass merchants, department stores, off-price retailers and chain stores) in the United States.
- Buyers
- Steven Madden, Ltd. (Steve Madden)
- Targets
- Almost Famous
- Sellers
- Peter Kossoy, Robbie Regina
- Industry
- Consumer Products
- Location
- United States
- Transaction Type
- Buyout
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