The rumor mill is buzzing with word that Tamara Mellon is set to sell her famous Jimmy Choo label. Sources suggest that Mellon could earn £100 million if she parts with the iconic fashion house.
If the rumors are true, I can't help wondering what will happen next. As chief executive officer, Mellon has seen Jimmy Choo grow to become a favorite amongst the fashion elite, with Sarah Jessica Parker, Nicole Kidman, and Gwyneth Paltrow amongst its celebrity fans. She's certainly driven this success, introducing handbags to the collection and forging a working partnership with Hunter boots. The rain boots which came from this collaboration attracted pre-orders of around £1 million, despite their sizable £235 price tag.
So what will become of Jimmy Choo, and indeed what will become of Mellon herself? Some suggest she may be lured by another fashion house, while others theorize she'll simply become a full-time mom to her seven-year-old daughter Araminta. Goodness knows she's earned some down time!
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