ICR is handling Michael Kors Holdings' $1.4B deal to acquire Jimmy Choo PLC, the high-end footwear brand noted for its signature $3,000 sky-high stilettos.
Discounting and the fall in mall traffic have hurt MKH, which distributes its fashion-forward designs in department stores and outlets.
JC provides an opportunity to grab higher-end customers and bigger profit margins.
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John Idol, CEO of MKH, called JC "an iconic brand with a rich history as a leading global luxury house."
He welcomed CEO Pierre Denis to MKH's luxury group, noting that JC achieved 11 percent compounded growth annually since 2012 under his guidance.
Idol also praised JC creative director Sandra Choi for her "groundbreaking fashion vision and fashion artistry."
JC operates 150 retail shops and markets shoes plus handbags, scarves, sunglasses and belts. It is stepping up its presence in the men's shoe market.
ICR's Jean Fontana and Alecia Pulman are handling MKH's acquisition.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
