Kurt Geiger Opens 12 New UK Stores: Designer Shoes and Handbag Brands Expanding to Take advantage of Rent Collapse
Kurt Geiger will open 12 stores on Monday to increase its presence in the UK.
Designer shoe and handbag brands are expanding to take advantage of the rent collapse.
Seven stores are Kurt Geigers and five stores are Shoeaholics, the first online shoe supermarket on High Street.
Expansion Plan: Designer shoe and handbag brand Kurt Geiger is taking advantage of rent collapse
Expansions take place when non-essential retailers are preparing to open their doors.
Since the pandemic, Kurt Geiger’s online business has grown rapidly, with sales up 70%, but overall sales down to just under a fifth.
CEO Neil Clifford said:
“Economic recovery will be more funded by young people than ever before.”
Designer shoe and handbag brand Kurt Geiger will open 12 new stores in the UK.
Source link Designer shoe and handbag brand Kurt Geiger will open 12 new stores in the UK.