JIMMY Choo owner Tamara Mellon is reportedly considering selling the company, worth approximately £500 million, according to the UK’s Telegraph.

The former fashion editor and current CEO of the designer shoe label is “sounding out investment banks” about “strategic options” for the business—with her 20 per cent share, this means Tamara stands to bank a cool A$173 million from the sale.

There are whispers the company’s shareholders may appoint an advisor by the end of the season to work on a strategic review, with the sale of the company up as one of the options.

Tamara established the powerhouse shoe company in 1996 after she met Malaysian-born Jimmy at a cobbler based in east London during her time as accessories editor at American Vogue. The pair formed a partnership and by 1999, they opened their first boutique in New York. Designer Jimmy sold out of the company in 2001.

Today, Jimmy Choo has 100 stores in 32 countries. As well as shoes and handbags, the company now makes small leather goods, sunglasses and eyewear under the brand.

Let’s hope this doesn’t mean “goodbye, lover” for the rest of us…

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