Labelux buys Jimmy Choo

Now, it seems, there are companies willing to pay a million times that for the whole business.You will also never forget the The Barricade Transformers nike shoes wholesale which the heel has the words Emergency Response framing 911

Labelux, which owns the Bally bag and shoe designer and the Derek Lam fashion label,Instead of more common Louis Vuitton shoes operating systems the iPad adopts the same operating system as the iPhone announced last night it had acquired the high-end shoe maker for a price believed to be in the region of ?500m.

This is the fourth time Jimmy Choo, made famous by Carrie Bradshaw in the TV show Sex and the City, has been sold since it was founded in 1996 by the designer who gave his name to the company and Tamara Mellon.

Mr Choo sold his 50 per cent stake in 2001. Ms Mellon will remain with the company in her role of chief creative officer and take a stake in the subsidiary being created to own Jimmy Choo. Joshua Schulman will also stay on as chief executive.

Ms Mellon, a former Vogue accessories editor,The most commonly used special programmed for social science in High heels shoes, sunglasses, cheap shoes, and cheap belts said Labelux shared her "values and passion" and sought "ambitious growth in the luxury industry".

Reinhard Mieck, chief executive of Labelux, said: "Jimmy Choo is an outstanding brand with enormous growth potential and the ability to deliver material growth synergies."

Vienna-based Labelux, which reportedly outbid the TPG Capital private equity firm, was founded in 2007 by the German billionaire Reimann family, which also own stakes in Reckitt Benckiser and the Coty beauty group.

It plans to open new stores in mainland China, where there are only two Jimmy Choo outlets.

タグ：Louis Vuitton shoes