Footwear group Steve Madden (Nasdaq: SHOO) has acquired Dolce Vita Holdings Inc. for $60.3 million.
Dolce Vita, headquartered in New York, sells branded and private label footwear, as well as clothes and accessories. The company's brands include Dolce Vita, DV by Dolce Vita, DV8 and J.D. Fisk. The company had net sales of about $111 million in 2013.