Kurt Geiger’s a Bigger Contributor to Steve Madden Than First Thought

From retail doors to gross margin and even wholesale opportunities, Steve Madden Ltd.’s acquisition of Kurt Geiger is looking like a prescient move to some Wall Street analysts. BTIG’s Janine Stichter sees a “long runway for retail growth” at Geiger, particularly in the U.S. She noted that the brand has six retail stores in the U.S., which she said are “performing well and showcasing strong four-wall profitability.” More from WWD Another opportunity is in the wholesale channel across the U.S. Current U.S ...