Featured Post

Brand Rules

Whether its Personal branding or Corporate branding, there are rules in the brand world. The Brand Room is going to be sharing some of th...

Tuesday 25 July 2017

Brand News: Michael Kors to buy Jimmy CHoo for $1.2Billion?

According to Business Insiders,  the US retailer Michael Kors has  agreed to buy the luxury shoemaker  Jimmy Choo for $1.2 billion, snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.
Founded in the 1990s by the bespoke shoemaker Jimmy Choo, the brand  known for its stiletto heals and accessories and sells in cities including London, Paris, New York, and Tokyo.
It put itself up for sale in April after its majority owner, JAB, signaled its intention to focus on consumer goods. At 230 pence in cash per share, the group is receiving a premium of 36.5% to its share price before the sale process was announced.

Michael Kors, once the hottest name in affordable luxury with a hugely popular handbag range, has been struggling in recent quarters with declining same-store sales as fewer people visit its shops.
In response, it has expanded into dresses and menswear, and invested in its online business. It said Jimmy Choo would continue to operate as it does today, under its existing management team.
Jimmy Choo floated on the London Stock Exchange at 140 pence in 2014. It closed on Monday at 195 pence.


  1. Good job brandroom u r really doing a good job....it's bn long I visited ur blog only for me to come and things 've really changed for d best....so proud of u

  2. It's an awesome post designed for all the online visitors;
    they will take advantage from it I am sure.

  3. Hurrah, that's what I was searching for, what a material!

    present here at this weblog, thanks admin of this

  4. Fine way of telling, and nice paragraph to get facts concerning my presentation topic,
    which i am going to present in institution of higher education.

  5. I am really enjoying the theme/design of your blog.
    Do you ever run into any browser compatibility problems?

    A number of my blog visitors have complained about my website
    not operating correctly in Explorer but looks great in Firefox.
    Do you have any advice to help fix this issue?

  6. Nice post. I used to be checking constantly this blog and I'm
    inspired! Very useful information specifically
    the last phase :) I deal with such information a lot. I used to be looking for this certain information for a
    long time. Thank you and best of luck.

  7. hey there and thank you for your info - I have
    certainly picked up something new from right here.
    I did however expertise several technical points using this website,
    since I experienced to reload the site a lot of times
    previous to I could get it to load properly. I had been wondering if your web host
    is OK? Not that I am complaining, but slow loading instances times will sometimes affect your
    placement in google and can damage your quality score if advertising and marketing with Adwords.
    Well I'm adding this RSS to my e-mail and could look out for much more of your
    respective exciting content. Make sure you update this again very soon..

  8. I am not very great with English but I come up this really easy to interpret.

  9. Regards for all your efforts that you have put in this.
    Very interesting info.

  10. Attractive element of content. I simply stumbled upon your blog and in accession capital to say that I acquire actually enjoyed account your blog posts.
    Any way I'll be subscribing on your feeds and even I success you access
    constantly quickly.

  11. My brother suggested I might like this website.
    He was entirely right. This post actually made my day. You cann't imagine just how much time I had spent for this information! Thanks!


Follow us on Instagram @thebrandroombyabi

Disclaimer: Please note that comments are strictly blog visitors/readers views and opinions.