Jimmy Choo (Choo) & the gravy train
This news may have 'it' girls and fashionistas the world over weeping into their couture but the company that has long since provided A-listers to Z-listers with killer heels and designer footwear may soon be sold, Vogue online reveals.
Tamara Mellon, who owns one fifth of shoe company Jimmy Choo, and her fellow co-owners have been meeting with investment bankers to ascertain the value of the company, should all partners agree to sell up and make a small fortune in the process.
Apparently, in our current financial climate, the company could fetch up to £450 to £500 million although the recommendation from our boys in the city is to 'hold back on selling with a view to sell for £1 billion in the years ahead.'
Recession? What recession?