Kurt Geiger
This coverage tracks Kurt Geiger’s presence and performance in the UK retail market. Explore updates on store openings, product collections, digital initiatives, and brand partnerships. Tailored for retail professionals in footwear, fashion, and brand management, our reporting provides insights into Kurt Geiger’s strategies for consumer engagement and market growth.
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Feb- 2025 -14 FebruaryNews-In-Brief
Today’s news in brief-14/2/25
The fast fashion retailer In The Style is reportedly preparing to appoint administrators as its financial struggles deepen. Acquired by Baaj Capital for just over £1m in 2022, the company saw revenues plummet from £46m to £30.4m in the year ending March 2024, with UK sales dropping to £29m. Despite…
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14 FebruaryClothing & Shoes
Steve Madden acquires Kurt Geiger for £289m
Steve Madden has agreed to acquire UK-based Kurt Geiger from a group led by international private equity firm Cinven for an enterprise value of approximately £289m in cash. In addition to Kurt Geiger London, the brand’s portfolio includes KG Kurt Geiger and Carvela. Kurt Geiger also operates footwear concessions within…
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7 FebruaryComment
Clare Burrows: establishing a pioneering footwear brand from scratch
Clare Burrows, founder of Air & Grace, has spent nearly three decades in the footwear industry, building a brand that seamlessly combines style and comfort. Her journey from answering a newspaper job advert to launching a thriving direct-to-consumer business is a testament to passion, perseverance, and a deep understanding of…
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Sep- 2024 -30 SeptemberNews
Today’s news in brief-30/9/24
Boohoo is reportedly considering a break-up of its business, following pressure from shareholders to revive the company’s declining fortunes. Boohoo’s share price has dropped by over 85% in the last five years, and the company has faced widening losses. The board is said to be contemplating spinning off its core…
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30 SeptemberClothing & Shoes
Former Missguided owner in talks to buy Kurt Geiger
Alteri Investors, former owner of Missguided, is reportedly among a number of parties in discussions to buy Kurt Geiger, according to Sky News. City sources told Sky that the talks were at an early stage and were not being held on an exclusive basis. Several other parties are also considering…
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2 SeptemberNews
Today’s news in brief-2/9/24
John Lewis Partnership (JLP) has refuted recent claims of additional job cuts and management restructuring. Earlier, reports suggested management team overhauls across 34 stores could lead to more job losses beyond the 153 roles already announced last month. JLP clarified that these changes aim to enhance operational flexibility and customer…
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2 SeptemberHigh Street
End of tax-free shopping hitting retail hard, warns Kurt Geiger CEO
Kurt Geiger’s CEO has warned that scrapping tax-free shopping for tourists is having a “massively negative effect” on retail in the UK. According to The Times, Neil Clifford said tourists were now travelling to other European countries for their shopping after the scheme was scrapped in 2021. Under the scheme,…
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Jul- 2024 -2 JulyPeople Moves
JD Sports COO steps down
The COO of JD Sports, Sherilyn Paterson, has stepped down amid her retirement after spending 12 years at the group. In a post on LinkedIn, Paterson wrote: “Today is my first day of retirement after an amazing 12 years with the JD group as part of the executive team and this…
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Nov- 2023 -2 NovemberNews
Today’s news in brief-2/11/23
Sainsbury’s announced that it expects to hit the upper half of its full year guidance of between £670m and £700m despite seeing its statutory profit before tax drop 27% to £275m for the 28 weeks ended September 16, 2023. The supermarket attributed the fall in profit before tax to non-cash…
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2 NovemberClothing & Shoes
Profits and revenues surge at Kurt Geiger
British accessories brand Kurt Geiger has reported a 49% increase in EBITDA to £30m and a 31% increase in revenues to £329.5m for the 12 months ended 28 January 2023. As the brand celebrates its 60th anniversary, it attributed the growth in sales and profits to its continued expansion in…
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