Upmarket footwear firm Kurt Geiger has defied High Street gloom and notched up sales and profit growth, new accounts show.
The chain, which was founded in Bond Street in 1963 and today has over 70 stores worldwide, said sales increased 3.1% to £334.7 million in the year to January 26.
During the period the firm, which is majority-owned by private equity group Cinven, benefited from expanding its wholesale business in the US.
The company also cheered a leap in digital sales and added that it had seen a spike in demand for its handbags.
Pretax profits increased to £30.4 million from £26.2 million. That came despite a £4.1 million hit from the collapse last year of House of Fraser, where Kurt Geiger stocked shoes.
On Brexit, Kurt Geiger said it has a committee that meets periodically to assess potential risks. The firm’s strategic report said the team “develops strategies and contingency plans to minimise the impact on our business of such risks”.
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