Tag: jimmy choo

Retail Asia09/01/2019
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4min0
With the completion of its acquisition of Versace, global fashion group Michael Kors Holding has successfully transitioned into its new identity as Capri Holdings Limited. The group, which now owns Michael Kors, Jimmy Choo and Versace, hopes to leverage its brands to grow group revenue to US$8 billion, while increasing its exposure to the Asia […]

Retail Asia07/11/2018
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4min0
Jimmy Choo is taking a preemptive strike at some potential competition. Xianjie Zhu, a 19-year-old from Guangdong Province in China, goes by Jerry Chu at Central Saint Martins, where he’s a fashion student specialising in menswear. Last year, at the recommendation of his father, he applied to register his English name in Beijing in case he […]

Retail Asia04/06/2018
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4min0
Pret A Manger’s global business, including Hong Kong and Singapore, has been sold to global investment firm JAB. Flush with cash from the sale of Jimmy Choo and a controlling interest in Bally, JAB is refocusing its core business investments on consumer goods and cafes. The company, majority owned by Germany’s secretive Reimann family – […]

Retail Asia01/06/2018
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5min0
Asia proved the strongest growth market for premium apparel and accessories retailer Michael Kors last year, offsetting ongoing weakness in its largest market, the Americas. Asian sales increased 17.5 per cent to US$137.7 million in the fourth quarter and were up 33.7 per cent to $469 million for the year. Michael Kors sales and profit […]

Retail Asia26/04/2018
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1min0
After the launch of its fragrance Fever, fashion label Jimmy Choo plans to broaden its offering by developing a make-up range. CEO Pierre Denis says that while the brand may be known for its shoes, it also offers bags, small leather goods, sunglasses and fragrances. “Jimmy Choo is more than a shoe brand, it is […]

Retail Asia22/02/2018
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4min0
Interparfums and Bolloré Logistics announce the extension of their partnership for a period of three years including 2018, 2019, and 2020. Interparfums is a French company that develops perfumes and cosmetics lines on the basis of global exclusive licensing agreements with luxury, fashion or accessories brands that include Montblanc, Jimmy Choo, Coach, Boucheron or Van […]

Retail Asia09/02/2018
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5min0
The latest numbers from Michael Kors are far from being a good result, indicating a distinct lack of momentum at the brand. In some divisions, the Michael Kors brand has experienced a reversal of fortunes since the last reporting period and the results highlight the company was not one of the winners this holiday season […]

Retail Asia11/09/2017
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2min0
Jimmy Choo Japan delivered the strongest performance internationally for the luxury shoe brand’s first half. While there was strong growth across Asia, Japan shone with an 11 per cent rise in revenue on a constant currency basis. Growth was underpinned by the men’s category, says the company. It continues to be the fastest-growing category, and […]

Retail Asia01/09/2017
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2min0
Luxury shoemaker Jimmy Choo Plc, which is being bought by U.S. retailer Michael Kors, said its pretax profit for the half year almost tripled, helped by its retail and licensing businesses. Pretax profit for the six month to June 30 was 18.1 million pounds ($23.4 million), compared to 6.6 million pounds last year. Revenue for the […]

Retail Asia31/07/2017
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4min0
Both Michael Kors and Jimmy Choo can extract significant benefits from the acquisition announced this week, says Pascal Martin, partner with OC&C Strategy Consultants. But he warns there “are limits” to how much and how fast a luxury brand can expand its network before starting to dilute its equity. “Michael Kors has been enjoying very […]

Retail Asia19/07/2017
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1min0
Michael Kors has joined the list of known bidders for luxury shoe brand Jimmy Choo. According to Sky News, the US brand will lodge an indicative bid for Jimmy Choo prior to next week’s deadline. Rival US fashion label Coach has already declared its interest along with Chinese investor Hony Capital, which owns Pizza Express. […]

Retail Asia11/03/2017
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4min0
Jimmy Choo Asia sales soared 19.2 per cent last year, according to its annual results. The solid performance reflects considerable investment in the Asian market – and was enough to mitigate a worrying 3.9 per cent in wholesale sales in the US. “While other luxury players such as Gucci and Louis Vuitton have struggled due […]

Retail Asia21/10/2016
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2min0
Carolina Herrera has opened a flagship store at Saigon Centre shopping mall. The first Carolina Herrera Vietnam store, it is located on Level 1, facing Le Loi St – one of the most visible spots in the city’s centre. At the grand opening, CH introduced its latest Fall-Winter collection to customers, with the demonstration of […]

Retail Asia04/10/2016
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2min0
Jimmy Choo Asia sales are soaring, despite the downturn in the luxury market. While the company does not break down its Asian sales figures by market, analysts are reporting “record growth” in Hong Kong and China, in part aided by the opening of a new store in Macau. Total revenues from Asia (excluding Japan) rose […]


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