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News
Firms put best foot forward on Choo purchase
updated on 03 June 2011
Well-heeled firm Hogan Lovells has been instrumental in a deal which sees luxury shoe company, Jimmy Choo, sold to a privately held Austrian company, Labelux.
Reported in Legal Week, the value of the deal is thought to be at least £500 million. Labelux, advised by HogLov, also owns Bally and Derek Lam. Other firms involved in the deal included Kirkland & Ellis and Travers Smith, which was one of two firms advising Jimmy Choo's founder, Tamara Mellon. The deal includes an agreement that Mellon will continue to manage the company.
