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Michael Kors snaps up Jimmy Choo for £900m
Add BT as a preferred sourcePublished Tue, Jul 25, 2017 · 09:50 PM
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London
AMERICAN fashion brand Michael Kors on Tuesday agreed to buy British shoemaker-to-the-stars Jimmy Choo for almost £900 million (S$1.6 billion).
Jimmy Choo, whose celebrity fans include Beyonce, Lady Gaga, Nicole Kidman and Kate Middleton, is the "ideal partner" for the US handbag and clothing maker, the US company said in a statement.
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