Jimmy Choo to buy back Jimmy Choo
In case you haven’t heard, Jimmy Choo, the shoe designer, doesn’t actually own or design for his namesake label. In fact, he hasn’t been involved since 2000. UK private equity firm, TowerBrook, owns the majority of the company. (The other big shareholder is co-founder/chief creative officer Tamara Mellon, who owns 15% of the business.) TowerBrook is keen on selling. LVMH, Valentino, and a few private equity firms have been whispered as potential buyers.