In a difficult year for the UK high street, footwear retailer Kurt Geiger outperformed, reporting an increase in both sales and profits. Group revenue rose 12% to £330m in the year to 28 January, while its EBITDA climbed 11% to £33.9m. Its women’s fashion trainer business grew by 48% during the year, boosted by the athleisure trend, and the business expanded into children’s footwear with its retail partners.
Chief executive Neil Clifford outlined several key priorities for growth in 2017, including acquiring new talent, digital innovation, exploring new markets, and investing in the Kurt Geiger brands. During the year Clifford bolstered the Kurt Geiger board, appointing former Boots omnichannel director Robin Phillips as digital director and promoting head of retail Ross Warden to retail director.