CHOO CONFIRMS APPOINTMENT: Joshua Schulman has been named chief executive of Jimmy Choo, confirming a WWD report Friday. Schulman will replace Robert Bensoussan, who is stepping aside to focus on building a portfolio of luxury brands with Choo's new owner, TowerBrook Capital. Jimmy Choo said in a statement Monday that Schulman would be based at the company's headquarters here, although his starting date has yet to be determined. Schulman is currently president of Kenneth Cole New York. Earlier this year, Bensoussan said in an interview he was looking to focus increasingly on the investment side of TowerBrook Capital's operations, something he didn't have time to do while building Jimmy Choo into a 185 million pound, or $366 million, brand. The new venture with TowerBrook is a holding company that will invest in a variety of sectors, and in luxury companies with a minimum turnover of $20 million to $30 million. The statement said Bensoussan would continue to be a member of the board and a key shareholder of Jimmy Choo.

To access this article, click here to subscribe or to log in.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus