US fashion brand Michael Kors buying Jimmy Choo

Luxury shoe brand Jimmy Choo is to be acquired by US fashion brand Michael Kors in a €1bn deal.

US fashion brand Michael Kors buying Jimmy Choo
Tue, 25 Jul, 2017 - 09:27

Luxury shoe brand Jimmy Choo is to be acquired by US fashion brand Michael Kors in a €1bn deal.

London-listed Jimmy Choo put itself up for sale as part of a strategic review in April and on Tuesday Michael Kors said it is "the ideal partner" for the firm.

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