Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Jones Group in the running to buy Jimmy Choo

US brand house Jones Group has become the latest party to join the bidding war for luxury footwear brand Jimmy Choo.

Jones Group, which designs, markets and wholesales 35 brands including footwear brand Nine West and mainstream womenswear brand Jones New York, has joined private equity firm TPG Capital and a joint offer from investment house Investcorp and luxury goods group Labelux in the battle to buy the label.

It has previously been reported that Jimmy Choo, the entrepreneur who founded the eponymous footwear and accessories business, and French luxury goods group LVMH were also among the bidders. However according to Dow Jones, only Jones Group, TPG Capital and Labelux are vying for the business.

Private equity business Towerbrook Capital is selling Jimmy Choo after it acquired the business in 2007 for £190m. Last year it hired Goldman Sachs and Morgan Stanley to review the business. Bids are due in mid-May.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.