Major Shareholder "Empathy" British High-End Shoe Brand Zhou Yangjie Find Buyers
British high-end
Shoe brand
The Zhou Yangjie Jimmy Choo board is looking for buyers for this red carpet "Star".
Zhou Yangjie's brand is valued at about 700 million pounds (about 890 million US dollars).
The report quoted analysts as saying that the brand could attract buyers from China, the Middle East and Russia.
Sale of Zhou Yangjie
brand
The idea was supported by its major shareholder, JAB holding company.
JAB's German Labelux company acquired Zhou Yangjie brand from the global investment management agency Towerbrook capital in 2011.
Labelux also owns Bally, a high-end shoe brand in Switzerland.
According to relevant information, JAB is also ready to sell the Bari brand.
Zhou Yangjie brand was founded in 1996 by Malaysia born designer Zhou Yangjie and Tamara Mellon, the former editor of fashion magazine.
Zhou Yangjie used to make shoes for fashion leaders such as the late British Princess Diana.
When Zhou Yangjie's brand entered private placement for the first time in 2001, Zhou Yangjie sold all the shares.
In 2007, Towerbrook bought a 83% stake in Zhou Yangjie brand at 180 million pounds (230 million US dollars), while Mellon retained 17% of its shares.
In 2014,
Zhou Yang Jie
The brand is listed in London, England.
[major shareholder moves coffee]
JAB holds a 68% stake in Zhou Yangjie, saying it has not received any offer.
Over the past few years, Zhou Yangjie has set up more than 150 shops around the world, shifting its focus to men's shoes.
Today, its product line extends to multiple categories of luxury items, including handbags and sunglasses.
However, according to HSBC data, Zhou Yangjie's sales growth shrank to 2% in 2016.
This figure was 7% and 12% in 2015 and 2014 respectively.
After the news of Zhou Yangjie's intention to sell, its stock price rose to a record high, closing up 10.68%.
As for JAB, it seems to be more interested in coffee than "hate the sky".
Just a few weeks ago, JAB bought the bakelite chain of bakelite chains for us $7 billion 500 million.
In addition, JAB has gained the controlling power of the US Kriging Green Mountain Coffee Co, Holland dowe & amp; UBO coffee company and American KK doughnut chain corporation.
The designer introduces:
Zhou Yang Jie
(Jimmy Choo), Princess Diana's designer of shoes before death.
He is the most famous Chinese footwear designer in the world and the only Chinese American who has his own English name Jimmy Choo as the famous shoe brand.
In 2001, the international shoe manufacturer purchased Jimmy Choo from Zhou Yangjie, and continued to build the world famous fashion shoe brand.
Since then, only Jimmy Choo Couture brand shoes are Zhou Yangjie's own shoes.
In addition to making shoes for timely design, in recent years, Zhou Yangjie has paid special attention to the education of design art.
The British Empire Medal winner.
In 2011, he was awarded the world's outstanding Chinese designer.
In 2012, Zhou Yangjie won the prize of "the world is beautiful because of you - the world Chinese grand ceremony 2011-2012" in the field of culture and arts.
Malaysia tourism ambassador.
For more information, please pay attention to the world clothing shoe and hat net information report.
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