Word: choo
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...calls every day," says Robert Bensoussan, CEO of Jimmy Choo, who, with funding from private equity, took the brand from $20 million to $140 million in sales in five years. "Whether they are managers asking for advice on how to speak to private equity, family-owned companies asking what working with private equity is like or private-equity people saying, We're interested in your success story...
Bensoussan, who had orchestrated the sale of British apparel firm Joseph to a Belgian investment group and before that had been president of Christian Lacroix at LVMH, ultimately sold Jimmy Choo in 2004 to Lion Capital for five times what he and his partners at Phoenix Equity Partners originally paid in 2001. "It gave a lot of people a wake-up call," he says...
Bensoussan helped limit his risk potential at Jimmy Choo by building a classic collection. "There were these fabulous styles that they used to throw away every season," he says. "Now 10% of our collection is made up of classic styles, and that group has become 25% of the business." Bensoussan made other changes too, streamlining production, opening more stores and adding handbags and eventually fragrances to the line. "We had a Ferrari, but we had to put a bigger engine...
...Rose, Lisa L. Shu, Kelly Shue, Daniel B. Williams, and Emily C. Zazulia, and Lowell House also has a strong showing in Maggie Cao, Caitlin A. Donovan, Oscar Hernandez, Elizabeth M. McMillen, Sandra L.C. Wong, and Xiaolong Zhou.Mather House had nine successful applicants: Hana R. Alberts, Shelly S. Choo, Azzurra S. Cox, Johnhenry R. Gonzalez, Joseph A. Pace, Stefan T. Patrikis, Ian S. Polonsky, Eric S. Shroyer, and Anant A. Thaker, and Pforzheimer House’s winning residents are Michal G. Cohen, Mathias F.E. Crawford, James W. Honan-Hallock, and Elinathan N. Ohiomoba.Christine M. DeLucia and Ariane I. Tschumi...
...Foreign brands that got in early have made rapid progress. Upscale watchmaker Tag Heuer, which has averaged 40% growth in India over the last three years, has plans to expand from 80 shops to 120 in 2006; and Jimmy Choo is looking to open 10 shoe stores in India by 2011. The first will launch in New Delhi at the end of 2007, under the terms of a distribution agreement with the New York-based Murjani Group, which also distributes the Tommy Hilfiger brand in India. It helps that more retailing locations are becoming available. Two luxury malls are being...