Showing posts with label Kurt Geiger.. Show all posts
Showing posts with label Kurt Geiger.. Show all posts

Wednesday, 16 December 2015

Inside Kurt Geiger’s $372 Million Deal.

Kurt Geiger Bond Pump, $550. "This d'Orsay heel is bold and intriguing with its mixed-media prints.
After months of speculation, Kurt Geiger has found a new home at Cinven, a European private equity firm. The $372 million deal is the latest in a string of high-profile acquisitions at Kurt Geiger, which has seen three owners in four years. Kurt Geiger represents Cinven’s first investment in fashion.

Tuesday, 15 December 2015

Kurt Geiger Acquired By Cinven For $372 Million.

Neil Clifford and Rebecca Farrar-Hockley in Kurt Geiger's Bleecker Street store.
Kurt Geiger is ending the year with another major acquisition deal.

Sycamore Partners has sold the British footwear giant to European private equity firm Cinven for 245 million pounds, or $372 million at current exchange, according to the Financial Times in London. An official announcement is expected Monday.