On May 6, 2025, Steven Madden, Ltd. entered into a $300 million term loan and a $250 million revolving credit facility to fund its acquisition of Mercury Acquisitions Topco Limited for approximately £289 million. The deal, secured by company assets, aims to enhance corporate liquidity and support business operations, and a quarterly dividend of $0.21 per share was also declared, payable on June 20, 2025.