CONNECT WITH US
eCommerce

eCommerce

A Sale of Kurt Geiger’s Concession Business Would Reshape the Playing Field for Footwear Designers

WWD logo

Published on

Add as a preferred source on Google
A Sale of Kurt Geiger’s Concession Business Would Reshape the Playing Field for Footwear Designers

A new report says Kurt Geiger parent Steve Madden could offload Geiger's concession business at Harrods and Selfridges in London.

Steve Madden, which bought Kurt Geiger for $360 million in 2025, has reportedly hired advisors at Solomon Partners to sell off the company’s prominent luxury footwear concessions business.

According to a new report from Sky News in the U.K., Madden is looking to offload the business within Kurt Geiger which manages the shoe departments at Harrods and Selfridges in London. Sources told Sky News that the process “was at an early stage.”

FN has reached out to Steve Madden and Kurt Geiger for comment.

It’s a move that would dramatically shake up the high-end footwear landscape in London, which has been intertwined with Kurt Geiger for decades. Many luxury designers have both benefited from and bemoaned the company’s powerful status in the market and ability to determine the fate of brands.

The speculation comes as Kurt Geiger focuses on its more accessible namesake brand, which has seen impressive growth in the past several years both at home and abroad. Under Madden, America is a major growth opportunity for Kurt Geiger, with plans in the works for more stores.

The company has been a fixture in the footwear industry since 1963, when it opened its first boutique on Bond Street in London. Since then, the company has landed in the hands of many private owners across multiple decades.

The business was first sold by Mr. Geiger’s widow to the Spitz family in 1972 for an undisclosed sum.


Source link
Related Topics:eCommerce

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.