Retail in Asia

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Jimmy Choo owners consider sale

The owners of designer footwear label Jimmy Choo are considering putting the business up for sale, in a move expected to fetch up to GBP500 million (USD758.1m). The company is seeking out investment banks for further determination of its business options.

The company was set up in 1996 by Jimmy Choo and Tamara Mellon OBE.

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(Source: Drapers)