Kurt Geiger set for international expansion following new funding package

Premium footwear brand Kurt Geiger has secured a new funding package to refinance its existing debt and support international expansion.

Owned by private equity firm Cinven, the brand has agreed a deal with Wells Fargo Capital Finance UK and Blazehill Capital.

Founded in 1963, Kurt Geiger opened its first store on London’s Bond Street and has been based in the capital ever since. The company now has over 70 stores and over 100 concessions in department stores, including Harrods and Selfridges. In addition to footwear, the brand offers a range of handbags, jewellery, sunglasses and other accessories.

Kurt Geiger has recently been increasing its presence overseas and currently has wholesale partnerships with retailers in the US, including Dillard’s and Nordstrom.

Dale Christilaw, chief financial officer of Kurt Geiger, said: “The combined facilities will provide significant flexibility to accelerate our expansion across North America and Europe. Big thanks to all involved.”

Angela Beevers Director of Content & Events Strategy

Angela Beevers is Director of Content & Events Strategy at The Retail Bulletin, where she has worked since 2011. She leads the publication's news team and oversees its daily coverage of the UK retail sector, from breaking developments to the early-morning release of retailers' trading updates and financial results. Over more than 15 years at The Retail Bulletin, she has interviewed many of the industry's most innovative founders and leaders. She also shapes content for The Retail Bulletin's events and leads delegate engagement for its most high-profile events. Her areas of focus include: Retail news · Trading updates and financial results · Retail leadership · Industry events

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