GENERAL MERCHANDISE NEWS
Kurt Geiger steps up with rising sales
24 December, 2013 | by Retail Bulletin
Premium footwear retailer Kurt Geiger has seen its sales jump by 18% year-on-year in the last four weeks.
The retailer, which has 250 stores across the UK, has also revealed that online orders have surged by 90%. Boots have proved to be particularly popular and Kurt Geiger says it expects to sell 150,000 pairs throughout December.
For the year to date, Kurt Geiger’s sales have climbed by 9% to £230 million, boosted by a 21% increase in overseas sales.
Last week, the retailer’s US parent company The Jones Group announced that it had been acquired by private equity group Sycamore Partners in a deal worth $1.2 billion.