Michael Kors is buying Jimmy Choo for $1.2B!
- 7 years ago
Michael Kors just bought luxury fashion house Jimmy Choo in an all-cash $1.2 billion deal! The British brand went up for sale in April after sales slowed down in recent years. "We admire the glamorous style and trendsetting nature of Jimmy Choo designs. We look forward to welcoming Jimmy Choo to our luxury group" Michael Kors Jimmy Choo shares grew by more than 17 percent in London following the news.