labellux buys jimmy choo for an estimated $850 millionjimmy choo has been bought by labelux luxury group (they own bally, derek lam & solange azagury-partridge). it is reported they paid between £500 & 550 million -about $850 million- for the shoe label. jimmy choo founder & chief creative officer tamara mellon & ceo josh schulman will stay with the company according to a statement released by the vienna based firm.