Kurt Geiger secures new funding to fuel international growth
Premium footwear and accessories brand Kurt Geiger has agreed a new funding package to refinance its existing debt and support its international growth strategy.
The combined facilities have been provided by Wells Fargo Capital Finance UK, a part of Wells Fargo & Company, and Blazehill Capital, a UK private credit fund offering transformational capital.
Founded in 1963, Kurt Geiger opened its first store on London’s Bond Street. The company now operates over 70 stores and 100 concessions in department stores, including Harrods and Selfridges.
More recently, Kurt Geiger has been increasing its presence overseas and currently has wholesale partnerships with retailers in the US, including Dillard’s and Nordstrom.
The brand is now looking to "bolster its international arm" with the new Wells Fargo Capital Finance UK and Blazehill Capital funding package.
Dale Christilaw, Chief Financial Officer at Kurt Geiger, said: “We found working with the Blazehill Capital and Wells Fargo teams seamless and easy.
"The combined facilities will provide significant flexibility to accelerate our expansion across North America and Europe."
