Another round for Jimmy Choo

Big news in fashion investment circles over the weekend has been the sale of Jimmy Choo to Towerbrook Partners, a private equity firm that has bought out the state owned by Lion Capital. Here is an article from the Financial Times announcing the deal. More thoughts on this later. Jimmy Choo sells for £185mBy Peter Smith,Private Equity Correspondent Published: February 3 2007 02:00 | Last updated: February 3 2007 02:00 Jimmy Choo, the fashionistas' favourite shoemaker, has been sold by its private equity owner Lion Capital in a deal worth £185m. The sale will result in a gain of close to £25m for Tamara Mellon, the company president and joint founder who owns just over 15 per cent, although she…

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Magnificent Milan

The semi-annual harvesting of the fruits of menswear designers from all over the world has just ended In Milan, and I have to say, it was a bumper crop. I never planned use this blog as an editorial on fashion trends or styling, but the menswear looks that have come out of Milan this season are really strong, and give strong direction for mens fashion. For the first time in awhile, things look fresh, and that's got to be good for business. I have selected a few of my favourite looks - these are the styles that I seriously dig - and I am no conceptualist. I think these are wearable commercial looks as well. Best looks From sharp tailoring …

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Pinup Madonna

Speaking of the new trends I mentioned in a previous post, style.com just posted a summary of trends (well, its 221 photos, so not a summary in actuality) for women's S/S 07. My favourites, as I mentioned, were the eighties revival and futurism. I couldn't help but take note of the pinup girls trend. It made me think right back to the launch of Madonna's Confessions on  Dancefloor album in the Autumn of 2005, where she pranced around in a purple leotard in Hung Up video. Some people (and countries) were scandalised by it at the time (see this article about her purple-leotarded performance being banned in Malaysia ). Let's just say not everyone could appreciate this latest Madonna avatar.…

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Kid Luxe?

I am on the Eurostar to Paris and came across an article in the latest edition of TIME - Style and Design on the Paris-based luxury children's brand, Bonpoint. Apparently, the company is actively in play to be acquired (possibly by France's Pinault family) after having been nicely prepped and dressed-up by Edmond de Rothschild Capital Partners, who acquired 70% of the company from its founders in 2003. Since then, the company has grown to almost €43m in annual turnover with about 60 Bonpoint retail stores around the world. This is impressive for a brand that has slowly been building itself in a market that is not very well understood. I have to admit that I have always been sceptical…

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Koko Rosso

Diesel subsidiary Staff International announced today its investment in the emerging label of much-lauded London-based Greek designer Sophia Kokosalaki. With only £350k in annual revenue, Kokosalaki's business is not huge, but Renzo Rosso, CEO of Diesel, has clearly seen potential in her work and has stepped up to help take the brand to the next level. This is excellent news for Kokosalaki in what should be a banner year for the young designer whose debut collection for the House of Vionnet will bow in Paris this season. The much-vaunted comeback for Vionnet is expected to  be gracefully executed by Kokosalaki whose trademark draping dovetail's nicely with Vionnet's heritage and her famous bias-cut. More young designers should look for partnerships like…

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