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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Kurt Geiger increases sales by nearly 10% despite tough times for retailers

Shoppers walk past a Kurt Geiger store
Kurt Geiger has 58 outlets in the UK, including a site on London’s Oxford Street which opened a year ago. Photograph: Hollie Adams/Reuters

Kurt Geiger increased sales by nearly 10% last year as the footwear and handbag retailer said it benefited from fashion fans switching to its more affordable luxuries during the cost of living crisis.

The company said its revenues had risen by 9.4% in the year to the end of January 2024. Sales of handbags boomed after it cut prices by 5% compared with three years ago, just as many luxury brands had upped price tags.

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