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It looks like Michael Kors is going to be the new owner of Jimmy Choo.

The US designer has agreed to buy the luxury shoe brand for $1.2 billion (€1.02b), however, it promises that no changes will be made to the British footwear.

Jimmy Choo went up for auction in April after its majority owner, JAB, decided to focus on profits in "consumer goods."

 

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And even though Michael Kors has been struggling with declining sales, the brand believes that acquiring Jimmy Choo will boost revenue.

The New York Times commented saying that this will be a "source of growth in an increasingly competitive retail landscape" for the American company.

 

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Speaking of the decision, Michael Kors said: “Jimmy Choo is an iconic premier luxury brand that offers distinctive footwear, handbags and other accessories.

“We admire the glamorous style and trend-setting nature of Jimmy Choo designs,” he added.

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Move aside, Christian Louboutin: Gianvito Rossi is about to be crowned kings of shoes.

And while catwalks are full of offspring-of-famous-folk trying to carve their own niche in the industry – it’s also been well-documented that a lot of the time their efforts fall somewhat short.

Not so with the talented Gianvito, however – the second generation of the prolific Rossi fashion dynasty who has already shown that he can very much stand on his own two feet.

 

Kim Kardashian, Gwyneth Paltrow, and Alicia Keys

 

Son of shoe extraordinaire Sergio, his creations can be seen on a host of famous ankles including Jennifer Lopez, Beyonce, Kim Kardashian and Cheryl Cole.

“I grew up among shoes. That was my playground as a child, it has always been a part of my life,” he said in one recent interview. “Right after high school, I started collaborating with my father and I learnt everything from him.”

 

Miranda Kerr, Cheryl Cole, and Olivia Palermo 

 

Earlier this year, he opened his first London store on Mount Street (Christopher Kane and Celine are neighbours). His flagship is in Milan, but he also has outlets in Paris and Hong Kong. And rumour has it that he will shortly open another chic outlet in Manhattan's Upper East Side. 

Indeed, whisper it, fashionistas-in-the-know are now declaring that Christian Louboutin, Jimmy Choo, and Manolo Blahnik have officially been overtaken by Gianvito Rossi’s wares.

 

Emma Watson, Cameron Diaz, Rosie Hungtingon-Whiteley

 

So, if you’re in the market for a pair of beautiful Italian shoes – start saving up your pennies, because sadly his creations aren’t cheap (prices start from €395 for a patent-leather pump). But it you're looking to stay ahead of the fashion pack, Gianvito Rossi can certainly help.

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Republic of Telly presenter, Jennifer Maguire, has married her long-term partner Zau Zamparelli at an intimate ceremony at Castle Leslie this afternoon.

The ceremony had a total of 70 guests, which included her brothers and sisters who flew home from America and Dubai for the special day.

The 2fm presenter wore a Kathy De Stafford wedding dress and Jimmy Choo sandals.

Jennifer also made sure that she had the perfect weather for her big day – by leaving the Child of Prague outside the night before her nuptials.

Jennifer is set to head soon to the Seychelles with Lau for their honeymoon.

Congratulations to the happy couple!

jennifermaguire

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