VLdesigns Graphics and Webdesign: Jimmy Choo to float on London stock market Shoe designer Jimmy Choo is to float on the London stock market this week. The Private Equity owned company has plans to float a 25% stake – worth up to £200 million – that values the brand at over £700 million. A final decision will be announced within 10 days, and if the move goes ahead the luxury brand will be the 3-rd listed high-end designer in London, along with Burberry and Mulberry. About £3bn worth of London floats are expected to be unveiled as Jimmy Choo is joined by Aldermore, the challenger bank, and RAC, the motorist breakdown service, in formally announcing plans to go public. The listings are being advised upon by HSBC, Bank of America Merrill Lynch ,Credit Suisse, Deutsche Bank, Lazard and Private Equity firms AnaCap and Monarch Capital Partners. The Choo empire is expected to grow to 300 stores worldwide, and is currently opening 10-15 shops a year. A quarter of the profit now comes from accessories – particularly handbags and leather goods. Choo partnered with Tamara Mellon who developed it into the international powerhouse it is today. The rush of share offerings will provide a fee bonanza for the City’s investment bankers. Despite concerns about float fatigue among fund managers, London is on track to hit a pre-recession high for listings, with more than twice the £8bn raised last year anticipated. The boom is being repeated across Europe, with a further 50 to 60 predicted before the end of the year, following approximately 100 in the first half of 2014. ⚽️❤️ Join us - http://ift.tt/1bUjOvm, http://ift.tt/1qKYuj9 and http://ift.tt/1j5AmDU / #luxury #brands #marketing #tomorrowland #brasil #RKOI #ibiza #fanpower #tweegram #venturecapital #nightlife #EDMlife #DJ #entertainment #photooftheday #investmentfund #billionairelife #events #swag #monarchcapital #bonnovanderputten #professional #football #player #fashion #benfica #botafogo #HNWI by bonnovanderputten