Kurt Geiger saw strong growth “across all channels” in 2016

Kurt Geiger
FashionLuxury goods

Luxury footwear retailer Kurt Geiger saw double digit growth “across all channels and established territories last year”.

In the 12 months to January 28, Kurt Geiger saw revenues jump 12 per cent to £330 million, as like-for-likes jumped 11 per cent.

Pre-tax profits saw an 11 per cent boost to £33.9 million and the retailer grew its staff numbers by 11 per cent to 2291 during the year.

Online sales also performed well, accounting for 23 per cent of group revenue having seen an increase in sales of over a quarter.

“I am pleased to report another successful year in Kurt Geiger‘s development as a global fashion brand,” chief executive Neil Clifford said.

“We delivered a strong performance across all channels and established territories last year, which resulted in a 12 per cent increase in revenue and an 11 per cent increase in EBITDA.

“Kurt Geiger is a fashion forward looking business, and we are ambitious for this company‘s future, its people and its partners.

“It is important that we invest, innovate and evolve dynamically to do what we do better and to broaden our ranges and strengthen our appeal to customers across countries and age demographics.”

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Kurt Geiger saw strong growth “across all channels” in 2016

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Luxury footwear retailer Kurt Geiger saw double digit growth “across all channels and established territories last year”.

In the 12 months to January 28, Kurt Geiger saw revenues jump 12 per cent to £330 million, as like-for-likes jumped 11 per cent.

Pre-tax profits saw an 11 per cent boost to £33.9 million and the retailer grew its staff numbers by 11 per cent to 2291 during the year.

Online sales also performed well, accounting for 23 per cent of group revenue having seen an increase in sales of over a quarter.

“I am pleased to report another successful year in Kurt Geiger‘s development as a global fashion brand,” chief executive Neil Clifford said.

“We delivered a strong performance across all channels and established territories last year, which resulted in a 12 per cent increase in revenue and an 11 per cent increase in EBITDA.

“Kurt Geiger is a fashion forward looking business, and we are ambitious for this company‘s future, its people and its partners.

“It is important that we invest, innovate and evolve dynamically to do what we do better and to broaden our ranges and strengthen our appeal to customers across countries and age demographics.”

Click here to sign up to Retail Gazette‘s free daily email newsletter

FashionLuxury goods

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