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 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 oth ...
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,
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
Archery is the sport, practice, or skill of using a bow to shoot arrows.Paterson ''Encyclopaedia of Archery'' p. 17 The word comes from the Latin ''arcus'', meaning bow. Historically, archery has been used for hunting and combat. In mo ...
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
Graphite Capital is a private equity firm focused on mid-market leveraged buyout investments, primarily in the UK. The group manages around £1.2 billion for institutional investors, with the most recent fund raising over £500 million in 201 ...
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 ...
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,
New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
-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 typ ...
firm
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 ...
, 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