Landmark Gulf Group sings agreement with Kurt Geiger to open 30 stores in GCC
Landmark Gulf Group announces its joint venture with Kurt Geiger
Shoe Mart the leading chain of footwear stores from the house Landmark Gulf Group has announced a joint venture with Kurt Geiger, Europe’s largest luxury shoe specialist. The deal is expected to open up 30 Kurt Geiger stores across the Gulf region within the next 5 years.
Shoe Mart’s alliance with Kurt Geiger will add a new dimension to its current portfolio by bringing the latest designer shoes to the region. Merchandising a great collection of fashionable and comfortable – formal, casual and sport shoes, from over 30 countries around the globe. The Kurt Geiger store will offer stunning range of own label collections for men and women reflecting the design and identity of Kurt Geiger’s UK freestanding stores.
First of the two Kurt Geiger stores will be opened in Dubai in the next few weeks and with subsequent roll-out across the region over a period of next 5 years. The partnership further strengthens Kurt Geiger’s international presence in the luxury shoe and accessories market.
Manu Jeswani, CEO of Shoe Mart footwear division of Landmark Gulf Group commented: "We are very pleased to have secured this relationship with one of the foremost luxury footwear brands in the world as it fills a previously unfulfilled niche in our portfolio. From our perspective, Kurt Geiger's entry in the Middle East represents a significant shift in the region's market dynamics as customers of luxury shoes now have the option of choosing one of their favourites, which they could not do previously."
Andrew Lee, Director of Change at Kurt Geiger, commented: "We are delighted to have signed the agreement with Landmark Gulf Group and Shoe Mart who shares our vision for excellence and has a proven track record in the market. As the largest retailer of luxury footwear in Europe, Kurt Geiger already trade successfully throughout the UK, Italy and Paris and we see the Gulf Region as a natural progression in the international growth of our business.”
As the region's most successful footwear retailer, Shoe Mart is delighted to bring Kurt Geiger Brand to the Gulf. This is the first time Kurt Geiger has ventured into franchising and Shoe Mart is confident that their products will be well received by consumers and who will see significant value addition to Shoe Mart’s retail presence in the region.