London-based shoe retailer Kurt Geiger has been acquired by
New-York based Jones Group, a designer, marketer and wholesaler
of apparel and accessories, for $350 million (£215 million).
Neil Clifford will continue as chief executive officer at the
helm of the Kurt Geiger management team. Rebecca Farrar Hockley
remains buying and creative director and Dale Christilaw
continues as finance director.
The acquisition creates a foothold for Jones in the European
market and will see Kurt Geiger serve as its European hub. Kurt
Geiger is already established internationally, with presence in
the Middle East, including stores across Dubai, Bahrain and
Qatar, Russia and Turkey. Jones now plans to introduce Kurt
Geiger’s brands to a US audience.
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