Jimmy Choo plans €1.2bn step up to stock market

Luxury shoe designer Jimmy Choo is reportedly in talks over a potential £1bn (€1.2bn) stock market debut as flotation fever shows no sign of ending.

Owners of the group — famous for its stilettos and celebrity following — have held talks with investment banks in recent weeks over plans for a listing later this year, according to the Sunday Times.

Vienna fashion house Labelux, which bought Jimmy Choo in 2011 for £525m, is understood to want to float a minority stake, although the discussions are said to be in the very early stages.