Kurt geiger has filed its accounts for the year to February 2020 and reported a record performance, with sales up 3.7%. It said this was pleasing in light of the wider subdued retail trading environment pre-pandemic.
As he slammed the UK’s decision to end tax-free shopping for tourists in its current form, the boss of footwear and accessories retailer Kurt Geiger has suggested that the firm could be forced to axe 600 jobs.
A number of premium and upscale retailers have reported strong trading on the first day of their stores reopening after the English lockdown eased on Monday with those who turned up to shop being very willing to spend.
Fashion shops can open next month, but a senior minister has suggested that changing rooms could be off limits. And footwear chain Kurt Geiger has already said it will quarantine shoes that have been tried on.
Outlet malls are continuing to show their resilience across Europe as consumers flock to them and they attract top quality tenants. And London Designer Outlet has announced that Puma will open a 2,365 sq ft store there.