The Business of Fashion: Basics

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Over the coming months, in addition to our regular musings on the Business of Fashion (as well as a few creative diversions  and digressions on new collections, hot fashion news, and industry analysis), The Business of Fashion will introduce a regular series of articles on setting up a new fashion business, and what it takes to be successful both creatively and financially in this competitive space.  We’ll call it “The

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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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