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.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
