Jimmy Choo poised to step out as listed firm
The luxury brand, which has about 120 directly operated shops across the world including 17 in China, is planning to float a 25 per cent stake, which could fetch up to £200m, valuing Jimmy Choo at well over £700m. A final decision will be taken in the next 10 days. If the float goes ahead Jimmy Choo, owned by Joh ABenckiser (JAB), will become the third listed luxury group in London, joining Burberry on the FTSE 100 index and Mulberry on Aim.Choo has been opening 10 to 15 shops a year and experts Read more [...]