Across Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what’s bad for public stock markets may be good for private equity firms.
Jimmy Choo Ltd. will begin an initial public offering in London next month after owner JAB Holdings approved plans to sell a stake in the maker of $1,995 Lust peep-toe sandals.
Luxury shoe brand Jimmy Choo will seek to woo investors with a share market flotation prospectus promising industry-beating annual sales growth of more than 10 percent on the back of aggressive expansion plans in Asia and elsewhere.
Jimmy Choo, the luxury shoemaker owned by JAB Holdings, may begin its initial public offering in London as soon as this month amid rising demand for expensive footwear, according to people with knowledge of the situation.
PARIS, France — JAB Holdings plans to run its luxury business directly, bringing brands including Jimmy Choo and Belstaff under the management of the investment arm of the billionaire Reimann family.
In the age of e-commerce, physical flagships are still critical to engaging male luxury consumers, though market leaders are integrating their online and offline presence to create new digitally enhanced stores.
CASLANO, Switzerland — Jimmy Choo owner Labelux, the company that holds brands including Bally, has had preliminary meetings with bankers about the possible sale of a stake in the luxury shoemaker via an initial public offering, a person familiar with the matter said.
SINGAPORE — Facing each other across Singapore’s Orchard Road shopping belt, the malls owned by Singapore Press Holdings Ltd. and Overseas Union Enterprise Ltd. have competed for shoppers. Now, they will compete for investors.
Having made his name designing gem-like bars, cafes and apartments, David Collins is increasingly sought-after by some of the leading names in fashion. On the occasion of his just-announced partnership with Jimmy Choo, BoF spoke to David Collins about his journey from Dublin to the top of his profession.
Jane Shepherdson, Chief Executive Officer, Whistles (CEO Talk) “Perhaps it’s not surprising that, in her spare time, Jane Shepherdson does flying trapeze in Hoxton, smack in the heart of achingly hip East London. Right from her earliest days in the fashion industry, Shepherdson has been known for taking risks and having her finger on the pulse of what’s cool.” As Luxury Growth Slows in China, Attention Turns to Mass
Qatari royal family in talks for Valentino brand (FT) “The Qatari royal family is in advanced talks with private equity firm Permira over the sale of Valentino, the Italian luxury brand, for between €550-€600m. The sale talks come five years after Permira purchased Valentino Fashion Group in a deal worth €2.6bn. It has since been forced to write down the value of its investment heavily.” Jimmy Choo steps up its profit