US retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner.
U.S.retailerMichaelKors(KORS.N)hasagreedtobuyluxuryshoemakerJimmyChoo(CHOO.L)for$1.2billion,snappingupaBritishbrandlaunchedintheeastendofLondonandmadefamousbyce
OneofAmerica'sbest-knownfashionretailersisvyingwithinvestorsfromtheUKandChinatosealan£800mtakeoverofJimmyChoo,theupmarketshoedesigner.SkyNewshaslearntthatMichae
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