Kurt Geiger Explained

Kurt Geiger
Type:Private
Founder:Kurt Geiger
Location:London, England, UK
Locations:70+
Area Served:Worldwide
Key People:Rebecca Farrar-Hockley (Creative Director)
Industry:Footwear and Accessories Retailing
Products:Kurt Geiger London, KG Kurt Geiger, Miss KG, Carvela and Mini Miss KG
Revenue:£260 million (2014)[1]
Owner:Cinven
Num Employees:1700

Kurt Geiger is a luxury British footwear and accessories brand. Kurt Geiger has around 70 stores, and multiple concessions within department stores, including Harrods and Selfridges. Kurt Geiger owns three brands Kurt Geiger London, KG Kurt Geiger and Carvela, created by its in-house team.[2]

The Kurt Geiger headquarters is located on Britton Street, Clerkenwell, London. The building, originally dating from the 1970s, was remodelled in 2009 by Archer Architects and is finished in a distinctive red, described as Pompean Red.[3]

Kurt Geiger launched the Kindness Foundation in September 2022, a charity dedicated to giving young people the resources needed to enter creative industries. The main goal of the charity is to make creative roles more accessible for young individuals, particularly those from marginalised communities.[4]

History

The company is named after its Austrian founder.

After a management buyout in 2008, it was sold by Graphite Capital to the U.S.-based brand management company The Jones Group in 2011. In 2014, the Jones Group was acquired by Sycamore Partners, who spun off Kurt Geiger into its own company.[5]

In December 2015, London-based private equity firm Cinven acquired Kurt Geiger from Sycamore for £245 million.

In October 2023, Kurt Geiger opened two stores in Mexico City, one in the business district of Santa Fe and another in the shopping mall Perisur.[6]

Notes and References

  1. Web site: Footwear retailer Kurt Geiger acquired by Cinven from Sycamore Partners . Grandhi, K . International Business Times . 2015-12-14 . 2016-06-21.
  2. Web site: Kurt Geiger. The Retail Appointment. en. 2017-06-20.
  3. Web site: Kurt Geiger Headquarters Building . archdaily . 2013-01-24 . 2019-01-23.
  4. Web site: The Kurt Geiger Kindness Foundation Launches New Academy For Young Creatives . 15 April 2024 . Forbes.
  5. News: Kurt Geiger sale to Jones Group means £20m windfall for shoe chain managers. Bawden. Tom. 2011-06-02. The Guardian. 2017-06-20. Wood. Zoe. en-GB. 0261-3077.
  6. Web site: Kurt Geiger to open its first stores in Mexico as it plots Latin America expansion . 15 April 2024 . Modern Retail.