Jimmy Choo owner Labelux, the company that holds brands including Bally, has had preliminary meetings with bankers about the possible sale of a stake in the luxury shoemaker via an initial public offering, a person familiar with the matter said.
LVMH Moet Hennessy Louis Vuitton SA is considering a bid for footwear company Jimmy Choo, the Sunday Times reported .
Jimmy Choo Ltd., the shoe company majority owned by TowerBrook Capital Partners LP, hired David Stewart to advise on the sale of the company, the Mail on Sunday reported.
"This has the potential to be very much a Moncler-type phenomenon."
- Jimmy Choo on Sep 09, 2014