Kurt Geiger news and archive

Kurt Geiger to manage Aldo’s UK concessions

Canadian footwear group Aldo has signed a five-year partnership agreement with Kurt Geiger for the British footwear retailer to handle the running of its concessions in the UK and Ireland. From this month, Kurt Geiger will operate all of Aldo’s department store corners and plans to implement an “ambitious” strategy to expand the brand in the UK,...

Report

Kurt Geiger maintains sales momentum in spite of ownership changes

London - British footwear label Kurt Geiger has managed to hold on to its sales momentum despite changing ownerships three times over the last four years. According to its first financial update since its current owners took over - private equity group Civen acquired Kurt Geiger last December - the footwear retailer has managed to double...

Report

Kurt Geiger annual sales jump 18 percent

Kurt Geiger maker of upmarket shoes and accessories, witnessed its sales in Ireland rise by 18 percent last year to 18.7 million euros (20.5 million dollars). Operating profits at Kurt Geiger Ireland more than doubled to 765,000 euros (842,762 dollars). The label, loved by many celebrities like singer Rihanna, opened its first store in London,...

Management|UPDATE Featured

Cinven confirms Kurt Geiger takeover

European private equity firm Cinven has confirmed previous rumours that it is set to acquire leading UK footwear and accessories retailer from Sycamore Partners early Monday morning. "We are delighted to be welcoming Cinven as our partners as they share our long term vision for the business,"said Neil Clifford, Chief Executive at Kurt Geiger....

Report

Sycamore Partners reportedly sells Kurt Geiger to Cinven for 245 million pounds

Kurt Geiger has changed hands yet again. Owner Sycamore Partners has sold the British biggest shoe retailer by sales to European private equity firm Cinven. The price tag was 245 million pounds. As recalled by the ‘Financial Times’, this is the third owner for the show brand in the past four years. In fact, this sale is nothing but another step...

Business

Private equity firm Lion Capital reportedly eyeing Kurt Geiger

British private equity firm Lion Capital, formerly the owner of Jimmy Choo, is reportedly considering a takeover of luxury shoe retailer Kurt Geiger. According to people familiar with the matter quoted by Sky New, Lion Capital, who along with a number of bidders presented initial offers on Monday, is believed to have received financial...

Business

Bags and shoes drive Christmas sales at Kurt Geiger

REPORT_ Footwear, handbags and accessories brand Kurt Geiger reported 14 percent growth in like-for-like sales for the 2014 festive period. The company has said that its line of party shoes led to the 26 percent rise in footwear sales and handbags as gifting option attracted sales growth of above 233 percent. Online sales too increased 35...

Fashion Featured

Kurt Geiger launches 'No Christmas Window' charity campaign

Luxury footwear label Kurt Geiger has its sights set on a more noble cause this holiday season with the launch of its 'No Christmas Window' campaign. Rather than splashing out on a high-end holiday window display this Christmas, the footwear retailer has decided to team up with charity Hope and Homes for Children and pledged to donate its...

BusinessFeatured

Kurt Geiger continues to expand as luxury footwear sales increase

Luxury footwear label Kurt Geiger has its sight set on international expansion, with the brand set to add a London flagship store to its roster by next year, following a boost in sales during its third quarter. The premium British label revealed a 13 percent increase in like-for-like sales for the seven months to September 30, despite the...

Apparel

Kurt Geiger eyes global expansion

Kurt Geiger, the European fashion footwear giant, has completed a management-led buyout and believes it has tremendous growth both in the UK and internationally. Kurt Geiger chief executive stated: "Our company is passionate about product, and we will carry on our legacy of offering the most exciting and innovative footwear, bringing the...

Apparel

Kurt Geiger to debut at Nordstrom

British footwear giant Kurt Geiger is to launch a wholesale business in the USA, starting with the renowned department store group Nordstrom. Kurt Geiger, who in the UK supplies department stores such as Harrods and Selfridges, has struck a deal to begin wholesaling its collection across the Atlantic. Kurt Geiger currently operates three...

Fashion

Jones Group put on Kurt Geiger heels for £213m

Jones Group Inc said it had acquired upscale British shoe retailer Kurt Geiger from private equity firm Graphite Capital. The modern Cinderella group will put on the British coveted shoes for £213m. According to a statement issued by the U.S. fashion giant - that manages 35 brands including Nine West and Stuart Weitzman, this operation chases an...