Listen between the phrases and hear that the aim may well have been to whet the appetite of potential bidders for the company. They are rumoured to have included Middle Eastern sovereign wealth funds and international private equity houses.
Under his leadership, together with Sandra Choi, Creative Director and niece of the original founder, Jimmy Choo has enjoyed an average of 11% annual growth for the last four years, achieved through a mixture of new products, retail expansion and agile marketing. In his speech, Pierre Denis explained how Replica Jimmy Choo men casual shoes Jimmy Choo was "reaching new heights". An 8.5cm heel is apparently the optimum height for their best-selling stilettos. He also underscored the growth of casualisation and the market for men's luxury shoes. While famous for its high heels, Denis revealed the second best-seller for Jimmy Choo as the Miami sneaker for women. He also anticipated that sales of men's shoes would eventually account for 20% of the company's business. With an average price of £500, Denis said that shoes are still an accessible item. Perhaps that resonated particularly strongly with the board of Michael Kors, since the American brand has helped pioneer the concept of "accessible luxury". The idea that shoes can be the foundation of a lifestyle brand, including fragrances Replica Jimmy Choo shoes and bags, and without the need for ready-to-wear, might also have attracted the new owners. Along with Manolo Blahnik and Christian Louboutin, Jimmy Choo has long been a major player in the luxury shoe game. But with competition from new and emerging shoe brands, as well as established fashion houses, the company is on a growth spree, investing in new stores and new marketing channels.
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