Look out Coach (COH) Jimmy Choo (JYMHF) was just purchased by Michael Kohrs (KORS) as brands increasingly struggle to survive amid the fall of the department store. Jimmy Choo has approximately 150 company operated retail stores, 560 multi-brand stores and more than 60 franchise stores worldwide.
It also has some of the most expensive shoes and handbags around. Will the deal see a change in pricing? Only time and stilettos can tell.
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