LONDON (Reuters) - U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.

Topics:  london reuters     u.s   michael kors   jimmy choo   british   princess   diana   london   
BING NEWS:
  • The History of Jimmy Choo: A Look Back at All the Heels and Deals
    The tale of the Jimmy Choo brand is one of the biggest fashion success stories of the modern era. Born out of an East London studio in the mid-1990s, the company had a rapid ascent in the world of ...
    04/24/2024 - 1:43 am | View Link
  • Federal trade commission sues to block $8.5 billion merger of Coach and Michael Kors
    The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd., saying that the deal would eliminate direct head-to-head competition between the fashion ...
    04/23/2024 - 12:56 am | View Link
  • FTC sues to block $8.5B merger that would unite luxury brands Coach and Michael Kors
    The Federal Trade Commission said Monday it was suing to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate competition. This comes at a time ...
    04/22/2024 - 11:21 am | View Link
  • FTC sues to block $8.5 billion merger of Coach and Michael Kors owners
    Proposed deal "threatens to deprive consumers of the competition for affordable handbags," federal agency says.
    04/22/2024 - 11:21 am | View Link
  • FTC Sues to Block $8.5 Billion Deal Between Makers of Coach and Michael Kors
    The Federal Trade Commission said the merger would give the combined firm too much power in the market for accessible luxury satchels.
    04/22/2024 - 10:46 am | View Link
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