
Tower Brook Capital is understood to have invited a shortlist of three investors to advance to a second round of bidding—and Choo is not on that list.
Tower Brook expects to sell Jimmy Choo for approximately double the company’s value since it was acquired for $450m four years ago.
Choo hasn’t had a hand in the shoe company that bears his name since selling his stake for $25m in 2001.
Thanks to ELLE UK for the heads up :)
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