High end shoe retailer Kurt Geiger has said that pre-tax profits for the year to December 31st 2014 were up 242%, boosted by surging sales.

The company is said to be under offer from Lion Capital, the firm which previously owned Jimmy Choo. Kurt Geiger is currently owned by private equity group Sycamore Partners which acquired it after a management buy out last year, which saw Kurt Geiger split from its parent company The Jones Group.