Steve Madden Weighs Exit from Harrods and Selfridges Shoe Concessions

Steve Madden, the new owner of Kurt Geiger, is evaluating a potential withdrawal from managing luxury shoe departments at Harrods and Selfridges stores.

Editorial Desk

October 2, 2026 One Min Read

POLICY WIRE — London, United Kingdom — The new owner of the fashion label Kurt Geiger is currently weighing a strategic move to step back from managing footwear departments within high-end retailers Harrods and Selfridges.

Kurt Geiger maintains a significant retail footprint, overseeing concessions in various premium UK department stores. These locations serve as hubs for the company’s own labels—Kurt Geiger London, KG Kurt Geiger, and Carvela—as well as a selection of third-party footwear brands.

📄 POLICY WIRE WHITEPAPER PUBLISHED: PAKISTAN’S NATIONAL SECURITY POLICY PRIORITIES

👉 READ BY CLICKING HERE

The business has seen notable growth, with revenues climbing to £360m by February 2024. During that period, handbags emerged as the company’s most successful product category.

The firm currently manages a network of more than 80 standalone shops and department store concessions. This operational shift follows the 2025 acquisition of Kurt Geiger by Steve Madden in a deal valued at £289m.

Reporting by Policy-Wire (PW)

Author

Editorial Desk

Policy Wire is your go-to editorial hub for insightful perspectives and informed analysis on pressing policy issues, both regionally and globally. Over the years, Policy Wire has collaborated with leading international news agencies—including AFP, AP, Reuters, and others—to provide fact-based reporting and nuanced commentary. With a commitment to clarity and credibility, we aim to bridge the gap between complex policy debates and public understanding, ensuring that our readers stay informed on the issues shaping the world today.