Kurt Geiger

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Kurt Geiger
ProductsKurt Geiger London, KG Kurt Geiger, Miss KG, Carvela and Mini Miss KG
Revenue£260 million (2014)[1]
OwnerCinven
Number of employees
1700[1]
Websitewww.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

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]

References

  1. ^ a b c 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. ^ a b 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. 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.
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