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buy-out

July 27, 2017

JAB Holding Company, the investment vehicle of Germany’s billionaire Reimann family, has stepped away from luxury shoe brand Jimmy Choo and bitten into bakery-café chain Panera.

JAB Holding Company, the investment vehicle of Germany’s billionaire Reimann family, has stepped away from luxury shoe brand Jimmy Choo and bitten into bakery-café chain Panera.

JAB continued its shift from the moribund luxury market to coffee and food with its call in April for buyers interested in acquiring its 68% stake in Jimmy Choo.

June 1, 2002

Bill Simmons worked in his father’s fashion house for several years after graduating from university.

Bill Simmons worked in his father's fashion house for several years after graduating from university. The father-son relationship was extremely conflicted and Bill struggled with years of verbal abuse. Bill finally left his father and founded his own business in a related field, creating Lincolnshire Fashions Limited in 1969.

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