Jimmy Choo plans to go public IPO
07.05.2014 2448

Jimmy Choo plans to go public IPO

Jimmy Choo is preparing for an IPO. According to some reports, Bank of America Merrill Lynch will act as a consultant. The placement is scheduled for the end of this year. It is expected that 25% of the company's capital will be exposed on the stock market.

Jimmy Choo is currently owned by the Swiss private investment group Labelux. The brand owner wants to raise funds to promote the shoe brand in the fast-growing Asian markets. It is estimated that the Jimmy Choo IPO could raise up to £ 1bn. Labelux, in existence since 2007, also owns brands such as Bally, Belstaff and Zagliani.

Jimmy Choo brand is preparing for an IPO.

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