Jimmy Choo sale: Interparfums reveals it is bound by an NDA

By Lucy Tandon Copp 19-Jul-2017

Interparfums, which already holds the licence for Jimmy Choo’s fragrances, is rumoured to be a potential bidder

Interparfums has confirmed it is bound by a non-disclosure agreement (NDA) with luxury shoe, accessories and fragrance company Jimmy Choo, which is currently up for sale.

According to Reuters, an Interparfums spokesperson said: “We do not comment because we are bound by a Non Disclosure Agreement (NDA),” when pressed by WWD over whether it was among potential bidders to buy the company.

Majority shareholder JAB Luxury confirmed in April that Jimmy Choo was up for sale, as it re-assessed strategic options to maximise value for shareholders.

Since then, Sky News reported that Interparfums may be working with Chinese private equity firm Hony Capital to submit a joint bid.

Other companies rumoured to be eyeing Jimmy Choo include CVC Capital Partners and Michael Kors.

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Jimmy Choo’s fragrances have been under licence with Interparfums since 2009. Its scents include: Illicit Flower, Illicit, Man, Flash and the original Jimmy Choo for women edp.