Michael Kors to buy Jimmy Choo for over â¹7,500 crore
American brand Michael Kors is set to buy British luxury label Jimmy Choo for around $1.2 billion (over â¹7,500 core). Designer Michael Kors said, "We admire the glamorous style...of Jimmy Choo designs. We look forward to welcoming Jimmy Choo to our luxury group." Jimmy Choo's CEO Pierre Denis and creative director Sandra Choi will remain in charge of their business.