Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result

Michael Kors Acquires Luxury Shoemaker Jimmy Choo For $1.2 Billion

byCorrespondent
July 25, 2017
in Uncategorized
Reading Time: 1 min read
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

Luxury shoemaker, Jimmy Choo has been acquired by Michael Kors for a whopping $1.2billion (about 896 million pounds)

The London-based Jimmy Choo brand is known for its strappy stilettos, handbags and perfume and sells in cities from London to Paris, New York and Tokyo. It was put up for sale in April after its majority owner JAB signaled its intention to focus on consumer goods.

READ ALSO

Fidelity Bank Launches Solar Powered Bags For School Children

Star Life: Lost In Love Teasers August 2025

The Jimmy Choo brand rose to prominence in the late 1990s, boosted by high-profile devotees including the late Princess Diana and the fictional Carrie Bradshaw in television series “Sex and the City.” The deal comes amid consolidation in the luxury industry, with Michael Kors rival Coach Inc. agreeing to buy Kate Spade & Co. earlier this year.

Michael Kors Holdings said the acquisition was expected to deliver a number of benefits, including “the opportunity to grow Jimmy Choo sales to one billion” and “a more balanced portfolio with greater product diversification”.

It said Jimmy Choo would also have the opportunity to grow in the men’s luxury footwear category, as well as greater exposure to global markets, “particularly the fast-growing market in Asia”.

 

Jimmy Choo shoes

 

Related Posts

Solar Powered Bags
Business & Brands

Fidelity Bank Launches Solar Powered Bags For School Children

July 26, 2025
Lost In Love Teasers August 2025
Star Life

Star Life: Lost In Love Teasers August 2025

July 26, 2025
Advocate Anjali Teasers August 2025
Star Life

Star Life: Advocate Anjali Teasers August 2025

July 26, 2025
AI Investment
News

Google Unveils $37M AI Investment And New Community Center In Africa

July 26, 2025
RADAR Africa
Celebrities

Spotify RADAR Africa Turns The Volume Up On FOLA And Thakzin

July 26, 2025
Pregnancy
Society/Gists

Priscilla Ojo & Juma Jux Announce Pregnancy, Share Adorable Baby Bump Photos

July 25, 2025
Next Post
Okey Bakassi

Comedian Okey Bakassi Celebrates Daughter As She Turns 15

LATEST COVER

Priscilla Ojo

GPBN Associates Member

Fidelity Bank

Zenith Bank

Solar Powered Bags

Fidelity Bank Launches Solar Powered Bags For School Children

July 26, 2025
Lost In Love Teasers August 2025

Star Life: Lost In Love Teasers August 2025

July 26, 2025
Advocate Anjali Teasers August 2025

Star Life: Advocate Anjali Teasers August 2025

July 26, 2025
AI Investment

Google Unveils $37M AI Investment And New Community Center In Africa

July 26, 2025
RADAR Africa

Spotify RADAR Africa Turns The Volume Up On FOLA And Thakzin

July 26, 2025
Pregnancy

Priscilla Ojo & Juma Jux Announce Pregnancy, Share Adorable Baby Bump Photos

July 25, 2025
Jhanak Teasers August 2025

Star Life: Jhanak Teasers August 2025

July 25, 2025
SME

Fidelity Bank Empowers SMEs With Business Management Systems

July 25, 2025
Sterling One Foundation

Sterling One Foundation, UN Set Stage For Africa’s Next Leap At ASIS 4.0

July 25, 2025
Blood

Access Group Staff Donates Blood Across Africa In Life-Saving Initiative  

July 24, 2025

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2022 Glamtush