Steve Madden announces second acquisition in two days

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Steve Madden Ltd. said Tuesday that it has acquired BB Dakota, a California-based women's clothing company. BB Dakota was founded in 2005 and includes the namesake brand and Jack by BB Dakota in its portfolio. BB Dakota had sales of about $43 million for the 12-month period ending June 30, 2019. This is the second acquisition Steve Madden has announced in two days. On Monday, the company announced that it had purchased Greats, a Brooklyn-based sneaker company. Steve Madden stock is down 22% for the past year while the S&P 500 index is up 2.2% for the period.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Steve Madden Completes Acquisition of Greats BrandThe deal continues the trend of legacy retailers buying up digital upstarts, allowing both companies to grow.
स्रोत: wwd - 🏆 24. / 68 और पढो »