Kurt Geiger profits up despite House of Fraser debt

Kurt Geiger shoes

The upmarket shoe retailer posted operating profit of £27.9m for the year ending January 26 2019, up from £24.6m the previous year, while its operating margin increased to 8.4% compared to 7.6% the previous year.

Group revenues increased by over £10m, to £334.7m, while its overseas wholesale operation grew 100% as it expanded its US business.

Kurt Geiger reported gross profits of £184.1m, up from £176.8m the previous year.

 

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