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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?

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