London / Hamburg – More than $ 1,000 for shoes? Kate Middleton, Michelle Obama, Victoria Beckham and Lady Gaga apparently does not deter this: they are all clients of the luxury label Jimmy Choo. Now the high-end manufacturer wants to go on the London Stock Exchange. Expected in October, a share of at least 25 percent should be placed, the company said.
After the financial information service Bloomberg seeks Jimmy Choo a rating of around one billion dollars. In the first half of this year the company was therefore a turnover of 150 million pounds (191 million euros). Rumor Jimmy Choo wants to collect about 200 million pounds (254 million euros) through the IPO.
With the money expansion to Asia was to be financed, announced CEO Pierre Denis. The global demand for luxury shoes, expensive handbags, scarves and other accessories is booming. Many customers wanted a “look create” to showcase their purchases on social networks.
Born in Malaysia Jimmy Choo, the brand had established in 1996. In 2001 he sold his shares. Since 2011 it belongs to the Investment Company JAB Luxury, which is connected with the German billionaire Reimann family. She had been floated last year their perfume company Coty in New York.
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