Wednesday, April 26, 2017

Luxury brand Jimmy Choo put on sale

The luxury shoe brand Jimmy Choo announced on Monday that if put up for sale to maximize profits for its shareholders, two years after your entry on the stock exchange in London.
"The Board of Directors of Jimmy Choo announces today that it has decided to conduct a review of the different strategic options open to the company to maximize value for its shareholders, and is seeking bids for the company," said the company in a statement.
The Jimmy Choo reported that it has not yet received offers, but that from now is prepared to open informal discussions with potential buyers.
The main shareholder of Jimmy Choo, the investment fund based in Luxembourg JAB Luxury, which has 67.66% of the capital, said in another statement that supports the sale.
Founded 20 years ago by source Malaysian designer Jimmy Choo and a Director of the fashion magazine Vogue, who opened your first store in London, is one of the favorite brands among celebrities such as Michelle Obama, Kate Middleton, Nicole Kidman and Lady Gaga.
Exame - 24/04/2017
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