Kurt Geiger news and archive

Kurt Geiger CEO warns of job cuts following government's tax-free shopping 'own goal'

Kurt Geiger CEO Neil Clifford has said the company is planning another 500 job cuts - equating to over a quarter of its workforce - early next year following the government’s announcement in September it would be scrapping tax-free shopping on 31 December. In a letter to chancellor Rishi Sunak, seen by Drapers, Clifford described the government’...

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Retail

Kurt Geiger shares store reopening plan

Kurt Geiger has announced the reopening plan for its stores, following the decision of the British Government to ease Covid-19 lockdown measures. The initial phase will see the reopening of 15 to 25 stores on Monday, June 15. The footwear label has included a list of locations that are ready to offer renewed in-store service, including, among...

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Business

Kurt Geiger owner reportedly exploring 450 million pound sale

The owner of Kurt Geiger is reportedly considering selling the designer footwear and accessories brand for 450 million pounds. According to the Telegraph, City sources have said private equity firm and Kurt Geiger owner, Cinven, has been having informal “fireside chats” with potential buyers in America, including Steve Madden, Michael Kors and...