Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 billion

LONDON (Reuters) - U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.

from Reuters: Top News http://uk.reuters.com/article/uk-jimmy-choo-m-a-michael-kors-idUKKBN1AA0H1?feedType=RSS&feedName=topNews