Jimmy Choo may prep for sale

Designer shoe-maker Jimmy Choo could soon change hands for as much as £500m. The firm’s shareholders are understood to be sounding out a potential deal after the luxury retailer’s value has continued its meteoric rise. A string of private equity firms have owned stakes in the firm, most selling back out within a few years, making a tidy return. The brand, which also produces handbags and accessories including sunglasses, has 100 stores in 32 countries.