European luxury footwear brand Kurt Geiger has completed a management-led buyout and is now operating as an independent company, it was announced today by private equity firm Sycamore Partners. The New York-based private equity firm supported the brand's management team in its acquisition of the business, which was previously a division of The Jones Group Inc. Specialising in footwear and accessories, Kurt Geiger opened its first boutique on London's Bond Street, and now has over 70 stores worldwide, a digital global flagship, and operates in concessions within department stores including Selfridges, Harrods, John Lewis and David Jones.