Total revenue and profits may have slumped at Capri holdings in the latest quarter, but the owner of Michael Kors, Versace and Jimmy Choo was upbeat as Chinese demand recovered strongly and e-tail soared.
Capri Holdings has named a new CEO for Jimmy Choo. Hannah Colman, who has been interim CEO, takes over permanently at the helm of the luxury footwear label and will report to Capri’s CEO and chairman John D. Idol.
As exclusive collaborations become more important to luxury e-tailers in a world where consumers can access product from anywhere, Net-A-Porter and Jimmy Choo have worked on an exclusive collaboration for the first time.
Luxury brand Jimmy Choo and streetwear label Off-White will celebrate the launch of their collaboration on February 21, with the opening of a pop-up at the Galeries Lafayette flagship on Paris' Boulevard Haussmann.
Michael Kors has reached a deal to buy its smaller luxury segment peer Jimmy Choo for almost £900 million, well above the £800 million that was expected. It plans fast expansion and a move into new fashion product areas.
After spending three years expanding in China, British luxury shoe-maker Jimmy Choo has set its sights on the Middle East and Korea where it has entered into major partnerships with local distributors, its chief execu...