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Steve Madden Buys Kurt Geiger for $364.1 Million

Retail TouchPoints

Steve Madden has entered a definitive agreement to purchase UK-based Kurt Geiger footwear and accessories brand for 289 million ($364.1 The Steve Madden board of directors has unanimously approved the transaction, which the company plans to fund with a combination of committed debt financing and cash on hand.

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David’s Bridal Says Yes to the Dress Again with New Resale Program

Retail TouchPoints

Secondhand wedding, bridesmaid and special occasion dresses, along with accessories, will be available through a curated, dedicated online storefront at 40% to 50% savings. David’s Bridal has introduced Adored by David’s , a resale program that will be managed by Arrive Recommerce.

Finance 288
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Corporate finance to fashion: Meet Beare Park director Gabriella Pereira

Inside Retail

Here, she discusses the professional legacy she wants to have, the career journey that has gotten her to this point and how she found herself at the helm of an Australian fashion label from a career in corporate finance. It was actually through my work in finance that I discovered a fascination with markets and supply chain logistics.

Finance 130
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From stock levels to financing: How interest rate hikes impact retail

Inside Retail

Partner at accounting firm Pitcher Partners Mark Harrison believes rising interest rates can also make it harder for retailers to obtain finance, as businesses are assessed as having a lower capacity to borrow funds. The post From stock levels to financing: How interest rate hikes impact retail appeared first on Inside Retail.

Finance 246
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The CEO of Dissh on how a strong brand identity enabled international expansion

Inside Retail

Everything from recruitment, logistics, to finance are naturally different in a foreign country and need to be considered. The US customer varies a lot per region, and follows similar seasonal shifts to the UK customer, while favouring bold silhouettes and statement accessories. LHH: Definitely.

Boutique 182
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Motorbike retailer Peter Stephens Motorcycles collapses

Inside Retail

The company represents brands including Harley Davidson , Yamaha, BRP, Ducati and Triumph and sells motorcycle parts, accessories, servicing, finance and insurance. Craig Shepard, Michael Korda and Andrew Knight of KordaMentha Restructuring have been appointed as voluntary administrators for the retailer.

Finance 245
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Torrid CFO/COO Resigns; No Permanent Replacement(s) Announced

Retail TouchPoints

His responsibilities will be handled by other executives at the apparel, intimates and accessories retailer. Paula Dempsey, SVP of Finance and Investor Relations, will take on the role of interim CFO until a permanent successor is named.

Finance 269