Shoe maker Jimmy Choo to step out on London market


A model presents a creation from Jimmy Choo during its London Collections: Men show in LondonBy Astrid Wendlandt and Freya Berry PARIS/LONDON (Reuters) – Jimmy Choo set out plans on Tuesday to join the London Stock Exchange next month in a deal that could value the upmarket shoe maker at more than 700 million pounds ($1.2 billion), seeking to woo investors with the prospect of expansion in Asia. Its owner JAB Luxury, the investment arm of the billionaire German Reimann family, plans to sell at least 25 percent of the company in the listing. …

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