Kurt Geiger is a luxury

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, ...

footwear Footwear refers to garments worn on the feet, which typically serves the purpose of protection against adversities of the environment such as wear from ground textures and temperature. Footwear in the manner of shoes therefore primarily serves ...

and

accessories Accessory may refer to: * Accessory (legal term), a person who assists a criminal In anatomy * Accessory bone * Accessory muscle * Accessory nucleus, in anatomy, a cranial nerve nucleus * Accessory nerve In arts and entertainment * Accessory ...

brand. Kurt Geiger has around 70 stores, and approximately 170 concessions within department stores, including

Harrods Harrods Limited is a department store located on Brompton Road in Knightsbridge, London, England. It is currently owned by the state of Qatar via its sovereign wealth fund, the Qatar Investment Authority. The Harrods brand also applies to ot ...

and

Selfridges Selfridges, also known as Selfridges & Co., is a chain of high-end department stores in the United Kingdom that is operated by Selfridges Retail Limited, part of the Selfridges Group of department stores. It was founded by Harry Gordon Selfridg ...

. Kurt Geiger owns three brands Kurt Geiger London, KG Kurt Geiger and Carvela Kurt Geiger, created by its in-house team. The Kurt Geiger headquarters is located off Britton Street,

Clerkenwell Clerkenwell () is an area of central London, England. Clerkenwell was an ancient parish from the mediaeval period onwards, and now forms the south-western part of the London Borough of Islington. The well after which it was named was redis ...

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

. 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.

History

The company is named after its

Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...

n founder. After a management buyout in 2008, it was sold by Graphite Capital to the U.S.-based

brand management In marketing, brand management begins with an analysis on how a brand is currently perceived in the market, proceeds to planning how the brand should be perceived if it is to achieve its objectives and continues with ensuring that the brand is pe ...

company The Jones Group in 2011. In 2014, the Jones Group was acquired by

Sycamore Partners Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital. History Founding Sycamore Partners was founded in 2011 by Stefa ...

, who spun off Kurt Geiger into its own company. In December 2015, London-based private equity firm

Cinven Cinven 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 corporat ...

acquired Kurt Geiger from its previous owner,

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-based

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...

firm

, for £245 million.

References

{{reflist, 30em Shoe companies of the United Kingdom Companies based in London Footwear retailers Retail companies established in 1963 2015 mergers and acquisitions