Jimmy Choo bought by Labelux

Yesterday we announced that Jimmy Choo had been bought by Labelux Group and today we have all the details for you! First of all, let’s cover the price. Sources are estimating that Labelux’s bill for Jimmy Choo came to a whooping $890 million. That price, apparently, includes Jimmy Choo management members, CEO Mr. Joshua Shulman and the Chief Creative Officer Tamara Mellon. You may think you don’t know Labelux Group, but trust me when I say you know their brands.  Labelux Group controls Derek Lam, Solange Azagury-Patridge, Bally and Zagliani! They can now add Jimmy Choo, and its 120 stores around the world, to their impressive roster of luxury goods. Now let’s wait and see what they do with it…


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