Steve Madden, which bought Kurt Geiger for $360 million in 2025, has reportedly hired advisors at Solomon Partners to sell off the company’s prominent luxury footwear concessions business. According to a new report from Sky News in the U.K., Madden is looking to offload the business within Kurt Geiger which manages the shoe departments at Harrods and Selfridges in London. Sources told Sky News that the process “was at an early stage.” FN has reached out to Steve Madden and Kurt Geiger for comment. It’s a move that would dramatically shake up the high-end footwear landscape in London, which has been intertwined with Kurt Geiger for decades. Many luxury designers have both benefited from and bemoaned the company’s powerful status in the market and ability to determine the fate of brands. The speculation comes as Kurt Geiger focuses on its more accessible namesake brand, which has seen impressive growth in the past several years both at home and abroad. Under Madden, America is a major growth opportunity for Kurt Geiger, with plans in the works for more stores. The company has been a fixture in the footwear industry since 1963, when it opened its first boutique on Bond Street in London. Since then,
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