Interesting, I didn’t know this! I wonder how it will affect the brand’s reputation...Jimmy Choo, a London-based luxury shoe brand known for its stiletto heels, has been snapped up by Michael Kors Holdings for about £896 million (S$1.59 billion).
The brand, which was founded in the 1990s, put itself up for sale in April after its majority shareholder disclosed its intention to move away from fashion to focus more on its food and beverage businesses.