A British high fashion house specialising in shoes, handbags, accessories and fragrances. The company, J. Choo Limited, was founded in 1996 by couture shoe designer Jimmy Choo and Vogue accessories editor Tamara Mellon.
The brand claims to have been a favorite of Diana, Princess of Wales. It was listed on the London Stock Exchange until it was acquired by Michael Kors Holdings in November 2017.
Jimmy Choo traces its roots to shoemaker based in the East End of London in the early 1990s, who catered to the global jet set, including Diana, Princess of Wales. The J. Choo company was eventually founded in 1996 when social figure Tamara Mellon joined Choo and his niece, Sandra Choi. Mr. Choo departed the company in 2001.
Choo sold his 50% share in the Jimmy Choo company to Equinox Luxury Holdings Ltd. in 2001.
Lion Capital acquired a majority shareholding in November 2004, and the company was sold in 2007 to TowerBrook Capital Partners for £225 million. In 2011, it was sold to Labelux (which was integrated into its parent company, JAB Holding Company in July 2014) for £525.5 million.
In 2012, J. Choo hired ex-LVMH executive Pierre Denis as its CEO.
Jimmy Choo’s IPO was announced in September 2014.
In October 2014, Jimmy Choo announced it would price its London Stock Exchange listing at 140 pence a share, giving the firm an equity value of £546 million.
The company put itself up for sale in April 2017. It was announced in July 2017 that Jimmy Choo would be bought by Michael Kors Holdings in a deal worth £896m. The transaction was completed on November 1, 2017.
The first Jimmy Choo store was opened in 1996 on Motcomb Street in London.
Two years later, the company expanded to the US, opening two stores in New York City and Beverly Hills.
Over the following years, Jimmy Choo expanded its store portfolio by opening directly operated stores and with local partners.
Jimmy Choo took control of the majority of its Asian operations in China, Hong Kong and Japan in 2011 and 2012.
Several boutiques are to be found in secondary outlets such as Saks Fifth Avenue, as well as smaller boutique stores on shopping estates such as Woodbury Common Premium Outlets in Central Valley, New York.