Jimmy Choo sold Labelux for £ 500 million



intrigue with the sale of Jimmy Choo was resolved: the new owner of the brand has become famous Austrian company Labelux Group. Information about the transaction, as usual, were not disclosed, but if you believe knowledgeable informants, the acquisition cost of the German company in an impressive amount of 500 million. Pounds (more than $ 820 million.) On the brand Jimmy Choo claimed by many, including the founder of the house of Jimmy Chu. Among the potential buyers of himself as the most powerful luxury-world conglomerate LVMH, with an appetite for absorbing all of the most fashionable brands. However, the holder of shares TowerBrook Capital found the Viennese company Labelux offer the most attractive of all. For 15 years, the brand Jimmy Choo for the fourth time to change the owner. Now, Jimmy Choo will join an impressive collection of fashion brands Labelux Group, which owns Bally, Derek Lam, Zagliani. Personnel changes are foreseen - the current creative Jimmy Choo Tamara Mellon remains at the helm of the company.