Michael Kors, Chinese in battle to buy Jimmy Choo

Jul 19, 2017Updated May 15, 20251 min read

Michael Kors has joined the list of known bidders for luxury shoe brand Jimmy Choo.

According to Sky News, the US brand will lodge an indicative bid for Jimmy Choo prior to next week’s deadline.

Rival US fashion label Coach has already declared its interest along with Chinese investor Hony Capital, which owns Pizza Express.

Sky News reports private equity company CVC Capital and at least one other party are also preparing bids.

Jimmy Choo was put on the market in April, by majority parent JAB Luxury. It is estimated to be worth about £800 million. JAB, which is also selling Bally, says it wants to focus on its food investments, which include Panera Bread, Caribou and Krispy Kreme Doughnuts.

Hony Capital has reportedly also entered discussions with Interparfums on a joint takeover. Interparfums owns the license to make Jimmy Choo-branded perfumes.

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Mei Ling Tan

Contributor · RetailNews.asia

Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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