Jimmy Choo re-sold

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Lion's Group International (owned by Texas gazillionaire Tom Hicks) purchased Jimmy Choo in 2004 and decided they've made enough money on their investment so they've sold it to TowerBrook Capital for $364.5 million dollars this week. Tamara Mellon remains as figurehead and says she plans to expand into sunglasses, lingerie, and swimwear under the Jimmy Choo brand. Sandra Choi, Jimmy Choo's niece, will stay on as Creative Director. Maybe we'll see an improvement in it's line of bags but don't hold your breath.

3 Comments

  • I agree with the wretched-ness of some of the alien bags, but I do have to say I'm in love with the Maddy in Champagne. A hint of gold that is hot this season, and big enough for my crap, to boot.

  • So I just got my Jimmy Choo Maddy in Champagne, it is a "Goldy" metallic leather and is Oh-so-fabulous and light to boot.

    I love it. I saw the God-awful spaceship bag and felt a gagging sensation in the back of my throat. Let's hope that the upcoming season will bring more bags like the maddy.

  • as a bit of a shades nut, i am curious to see what sunglasses they come out with

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This page contains a single entry by Bag Snob® Tina published on February 6, 2007 7:20 AM.

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