Here is Jimmy Choo latest news:
Recently many Malaysians will all excited to read about their iconic shoemaker Dato Jimmy Choo who wants to buy back the world-renowned brand JIMMY CHOO which he co-founded 15 years ago.
Alas, it is sad to say, Jimmy Choo buy back was not successful. So, it looks like it is not going to happen for now. The brand Jimmy Choo has being bought over by Vienna-based Labelux, the luxury goods group backed by Germany’s billionaire Reimann family. In other words, Dato Jimmy Choo, the man did not get back Jimmy Choo, the brand.
|Jimmy Choo Latest News: Sold To Labelux|
The sexy founder of Jimmy Choo Ltd, Tamara Mellon will remain with the company as chief creative officer and take a stake in the subsidiary being created to own Jimmy Choo.
As reported in The Guardian, the sale of Jimmy Choo will deliver a multimillion-pound pay day for Mellon who owns a 17 per cent stake recently valued at £85m.
Back in April 2001, Dato Jimmy Choo sold his 50% stake in his eponymous company for £10 million to Equinox Luxury Holdings Ltd.
Lost Quote: “Not until we are lost do we begin to understand ourselves” – Henry David Thoreau