Kurt Geiger

Last updated
Kurt Geiger
Company type Private
Industry Footwear and Accessories Retailing
Founded1963;61 years ago (1963)
FounderKurt Geiger
Headquarters London, England, UK
Number of locations
70+
Area served
Worldwide
Key people
Rebecca Farrar-Hockley (Creative Director)
ProductsKurt Geiger London, KG Kurt Geiger, Miss KG, Carvela and Mini Miss KG
Revenue£260 million (2014) [1]
Owner Cinven
Number of employees
1700 [1]
Website www.kurtgeiger.com

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]

Kindness Mission: Kindness is an important part of the Kurt Geiger brand. Kindness-inspired initiatives by the company include supporting footwear specialist college, Cordwainers, in 2013, Save The Children during Christmas 2017, and supporting the NHS throughout the COVID-19 pandemic by donating around £1 million of support. Kurt Geiger launched a new charity in September 2022, the Kindness Foundation, dedicated to giving young people the resources needed to enter creative industries. The main aim of the charity is to make creative roles more accessible for young people, particularly those from marginalised communities. The Kindness Foundation aims to raise £1 million annually. These funds will be re-distributed into charity programmes to support young individuals. The Kindness Foundation is funded through the purchases made by Kurt Geiger customers. For every eligible online and in-store purchase, Kurt Geiger will make a donation of at least £1 to the Kindness Foundation. [4]

The Kindness Foundation: 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. [5] The Kindness Foundation aims to raise £1 million annually. These funds will be re-distributed into charity programmes to support young individuals. The Kindness Foundation is funded through the purchases made by Kurt Geiger customers. For every eligible online and in-store purchase, Kurt Geiger will make a donation of at least £1 to the Kindness Foundation. [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. [6]

In December 2015, London-based private equity firm Cinven acquired Kurt Geiger from its previous owner, New York-based private equity firm Sycamore Partners, for £245 million. [1]

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. [7]

Related Research Articles

<span class="mw-page-title-main">Bath & Body Works, Inc.</span> American retail company

Bath & Body Works, Inc. is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $11.9 billion in revenue in 2021, and was listed as 248 on the 2020 Fortune 500 list of largest United States companies by revenue.

<span class="mw-page-title-main">Staples Inc.</span> American multinational office supply retailing corporation

Staples Inc. is an American office supply retail company headquartered in Framingham, Massachusetts.

Faith was a British shoe retailer founded in 1964 by London accountant Samuel Faith and his wife. In the following years new stores were gradually added, primarily in the South of England. After Samuel's retirement, his son Jonathan acquired the family business which he subsequently sold to Bridgepoint Capital in December 2004 for £65 million.

<span class="mw-page-title-main">Skechers</span> American multinational footwear and apparel company

Skechers USA, Inc. is an American multinational footwear and apparel company. Headquartered in Manhattan Beach, California, it was founded in 1992 and is the third largest footwear brand in the United States.

<span class="mw-page-title-main">Belk</span> American retail chain

Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings, and a wedding registry.

<span class="mw-page-title-main">L'Occitane en Provence</span> French multinational cosmetics retailer

L'Occitane en Provence, "the Occitan woman ," commonly known as L'Occitane, is a French luxury retailer of body, face, hair, fragrances, and home products based in Manosque, France. It was founded in 1976 by Olivier Baussan, with the purpose to create a company that celebrates and preserves the traditions of his native Provence. In 2010, the company became listed on the Hong Kong Stock Exchange.

Cinven Limited is a global private equity firm founded in 1977, with offices in nine international locations in Guernsey, London, New York, Paris, Frankfurt, Milan, Luxembourg, Madrid, and Hong Kong that acquires Europe and United States based corporations, and emerging market firms that fit with their core businesses, and necessitate a minimum equity investment of €100 million or more. As of 2023, it has €39 billion in assets under management.

<span class="mw-page-title-main">Cole Haan</span> American footwear brand

Cole Haan is an American brand of men's and women's footwear and accessories that serves markets worldwide. The company was founded in Chicago, Illinois in 1928. Cole Haan currently has its headquarters in both New York City and Greenland, New Hampshire.

Nine West Holdings is an American designer, marketer and wholesaler of branded clothing, shoes and accessories. In 2019, the company restructured under the new name Premier Brands Group Holdings Llc.

<span class="mw-page-title-main">KMD Brands</span> New Zealand retail company

KMD Brands, formerly Kathmandu Holdings, is a global outdoor, lifestyle and sports company consisting of three brands: Kathmandu, Rip Curl and Oboz. Kathmandu was founded in 1987 in New Zealand and specialises in clothing and equipment for travel and the outdoors. Oboz, part of the group since 2018, is based in North America and designs wilderness footwear. Rip Curl, acquired in 2019, is a global surf brand founded in Bells Beach, Australia in 1969.

<span class="mw-page-title-main">Deichmann SE</span> German multinational footwear retailer

Deichmann SE is one of Europe's largest footwear retailers and is headquartered in Essen, Germany.

<span class="mw-page-title-main">Reebok</span> Footwear and clothing company

Reebok International Limited is an American fitness footwear and clothing brand that is a part of Authentic Brands Group. It was established in England in 1958 as a companion company to J.W. Foster and Sons, a sporting goods company which had been founded in 1895 in Bolton, Lancashire. From 1958 until 1986, the brand featured the flag of the United Kingdom in its logo to signify the origins of the company. It was bought by German sporting goods company Adidas in 2005, then sold to the United States-based Authentic Brands Group in 2021. The company's global headquarters are located in Boston, Massachusetts, in the Seaport District.

Theory is a New York City–based men's and women's contemporary fashion label which sells clothes and accessories. The brand has 434 retail locations, and global sales approaching $1 billion as of 2021. The company's headquarters and flagship boutique are located in Manhattan's Meatpacking District.

<span class="mw-page-title-main">EnServe</span> British utility infrastructure services company

EnServe Group Limited is a support services company headquartered in Macclesfield, United Kingdom which provides infrastructure services to the utility sector. Formerly listed on the London Stock Exchange and a constituent of the FTSE 250 Index, it was wholly owned by the private equity company Cinven between 2010 and 2016, when it was bought by Rubicon.

AllSaints is a British fashion retailer headquartered in London, UK. AllSaints sells menswear, womenswear, footwear, and accessories in 281 stores, and has approximately 2,400 employees across 27 countries and regions including the UK, France, Ireland, USA, Mexico, Canada, Taiwan, Japan, South Korea and China.

John Vincent "Vince" Camuto was an American women's footwear designer and shoe industry executive, best known for co-founding the women's fashion brand Nine West. Following the 1999 sale of Nine West to Jones Apparel Group for $900 million, Camuto became CEO and Chief Creative Officer of a new fashion company, Camuto Group, maker of the Jessica Simpson brand. On October 10, 2018, Vince Camuto was acquired by Authentic Brands Group, as part of the company's definitive agreement to purchase a majority stake in the intellectual property of the Camuto Group's proprietary brands in partnership with DSW Inc.

<span class="mw-page-title-main">Kind (company)</span> American food company

Kind LLC, stylized as KIND, is an American snack food company based in New York City. It was founded in 2004 by Daniel Lubetzky. Since 2020, it has been a subsidiary of Mars Inc.

Radley is a London-based, British accessories brand which designs and manufactures luxury handbags, purses and other women's accessories for UK and international markets. The brand was founded by Lowell Harder in 1998.

Born This Way Foundation is a non-profit organization founded in 2012 by American artist and activist Lady Gaga and her mother, Cynthia Germanotta. Named after the singer's 2011 album Born This Way, and the song with the same name the foundation is committed to supporting the wellness of young people and working with them to "make the world kinder and braver".

Sycamore Partners is an American private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital.

References

  1. 1 2 3 Grandhi, K (2015-12-14). "Footwear retailer Kurt Geiger acquired by Cinven from Sycamore Partners". International Business Times. Retrieved 2016-06-21.
  2. ↑ "Kurt Geiger". The Retail Appointment. Retrieved 2017-06-20.
  3. ↑ "Kurt Geiger Headquarters Building". archdaily. 2013-01-24. Retrieved 2019-01-23.
  4. 1 2 Garner, Stephen (2022-09-06). "Kurt Geiger Launches New Charity Which Hopes to Raise £1 Million Annually to Help Young Creatives". Footwear News. Retrieved 2024-03-18.
  5. ↑ "The Kurt Geiger Kindness Foundation Launches New Academy For Young Creatives". Forbes. Retrieved 15 April 2024.
  6. ↑ Bawden, Tom; Wood, Zoe (2011-06-02). "Kurt Geiger sale to Jones Group means £20m windfall for shoe chain managers". The Guardian. ISSN   0261-3077 . Retrieved 2017-06-20.
  7. ↑ "Kurt Geiger to open its first stores in Mexico as it plots Latin America expansion". Modern Retail. Retrieved 15 April 2024.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.