US retailer Michael Kors will buy Jimmy Choo Plc, the stiletto standard for women who can navigate in them. The 20-year British firm will go for $1.2-billion. Towering Choo heels were famously worn by Princess Diana in the 90s and displayed in 2017 on the feet of Kendall Jenner. “Jimmy Choo is an iconic premier luxury brand that offers distinctive footwear, handbags and other accessories,” said Michael Kors, honorary chairman and chief creative officer.
