When the owner of Jimmy Choo, JAB, decided to concentrate on consumer goods in April, the brand was placed on the market. In a bidding war it was Michael Kors who came out victorious! Kors paid an astonishing $1.5 million for the popular shoe retailer, many Choo fans were wondering if he will make any design changes, but no need to fear because hes decided to keep the existing management team – which means no changes! So if you’re a loyal Jimmy Choo follower don’t worry!
Michael made a statement praising the brand “an iconic premier luxury brand that offers distinctive footwear, handbags, and other accessories. We admire the glamorous style and trendsetting nature of Jimmy Choo designs.”