×
75 193
Fashion Jobs
UNDER ARMOUR
Stock Teammate, Part-Time 6am Shift, $15.75 Per Hour
Permanent · CAMARILLO
UNDER ARMOUR
Stock Teammate, Part-Time 5am-10am Shift, $15 Per Hour
Permanent · WILLIAMSBURG
UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15 Per Hour
Permanent · ELIZABETH
URBN
Anthropologie Public Relations Coordinator
Permanent · PHILADELPHIA
URBN
Anthropologie Visual Merchandising Manager
Permanent · TIGARD
URBN
Anthropologie Senior Fabric Manager
Permanent · PHILADELPHIA
URBN
Anthropologie Visual Merchandising Manager
Permanent · ANN ARBOR
URBN
Urbn Inventory Control/Quality Audit
Permanent · RENO
URBN
Urbn Security Officer (Tuesday - Thursday Day Shift)
Permanent · GAP
BATH & BODY WORKS
Senior Financial Analyst, Marketing fp&a
Permanent · COLUMBUS
H&M
Senior Director, Sales Component Engineering
Permanent · ATLANTA
SACKS
Inventory Control - Cycle Counter
Permanent · LA VERGNE
SACKS
Vendor Compliance Analyst
Permanent · WILKES-BARRE
UNDER ARMOUR
Stock Lead, ft
Permanent · KANSAS CITY
UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15 Per Hour
Permanent · DAYTONA BEACH
UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15 Per Hour
Permanent · MERRIMACK
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Full Time - Aventura
Permanent · MIAMI
SALLY BEAUTY CORPORATE
District Manager Sally Beauty 09661
Permanent · LITTLE ROCK
JCPENNEY
District Asset Protection Manager
Permanent · South Portland
JCPENNEY
Sales Floor Supervisor - Southpark Center
Permanent · Strongsville
SALLY BEAUTY CORPORATE
District Manager Cosmoprof 90097
Permanent · BOISE
BANANA REPUBLIC
General Manager - Powell Street
Permanent · EMERYVILLE
By
Reuters
Published
May 22, 2011
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Labelux buys shoemaker Jimmy Choo from TowerBrook

By
Reuters
Published
May 22, 2011

May 22 - Jimmy Choo was bought by luxury goods group Labelux from TowerBrook Capital Partners LP, and two of the British upscale shoemaker and retailer's top executives will stay on.

Jimmy Choo
Jimmy Choo S/S 2011 campaign

The companies did not disclose terms of the deal announced on Sunday, but British newspapers, the Sunday Telegraph and the Sunday Times, earlier reported that the price tag was in the region of 500-550 million British pounds ($812 million-$893 million).

Vienna-based Labelux, whose other investments include shoemaker Bally, said Jimmy Choo's co-founder and Chief Creative Officer Tamara Mellon and Chief Executive Officer Joshua Schulman would stay on in their current jobs. Mellon will take a stake in the subsidiary being created to own Jimmy Choo.

Labelux, founded by Germany's billionaire Reimann family in 2007, was said in media reports to have outbid final-round bidder private equity firm TPG Capital.

TowerBrook Capital Partners, which bought the shoemaker in 2007 for 185 million pounds and has developed the company into a global brand with its stiletto heels worn by the rich and famous.

TowerBrook also considered a 650 million-pound Hong Kong listing for Jimmy Choo.

Jimmy Choo was founded in 1996 in London by Mellon, a former Vogue editor, and shoemaker Jimmy Choo, who sold his interest in 2001.

In 2010, Jimmy Choo reported net sales of 150 million British pounds. So far this year, sales are rising by a double- digit percentage.

(Reporting by Lorraine Turner in London and Phil Wahba in New York, additional reporting by Simon Meads in London and Michael Shields in Vienna; Editing by Dan Lalor and Maureen Bavdek)

© Thomson Reuters 2023 All rights reserved.