Capri Holdings has named a new CEO for Jimmy Choo. Hannah Colman, who has been interim CEO, takes over permanently at the helm of the luxury footwear label and will report to Capri’s CEO and chairman John D. Idol.
Jimmy Choo has the potential to be a $1bn dollar brand and the success of its integration into the Michael Kors group has made its new owner hungry for more acquisitions and happy to accelerate its accessories expansion.
Michael Kors has reached a deal to buy its smaller luxury segment peer Jimmy Choo for almost £900 million, well above the £800 million that was expected. It plans fast expansion and a move into new fashion product areas.
Up-for-sale luxury footwear brand Jimmy Choo was cheerful Thursday saying it “continues to make excellent progress, trading strongly” this year. But while management trumpeted its prospects, there was no news on a sale.
Luxury giants are set to post strong first-quarter sales growth figures this month, confirming the luxury industry’s rebound led by increased tourist spending in Europe; returning Russian customers; solid demand from ...
After spending three years expanding in China, British luxury shoe-maker Jimmy Choo has set its sights on the Middle East and Korea where it has entered into major partnerships with local distributors, its chief execu...
“Accelerating retail growth and margin expansion”. That was the very pleasing headline that must have made Jimmy Choo shareholders smile on Thursday morning as the luxury footwear brand reported a strong 2016.