Mergers: Commission clears acquisition of Jimmy Choo by Michael Kors

 The European Commission has approved, under the EU Merger Regulation, the acquisition of Jimmy Choo PLC of the UK, by Michael Kors Holdings Limited incorporated in British Virgin Islands. Jimmy Choo is a fashion brand specialising in luxury footwear and accessories. Michael Kors is a global luxury accessories, footwear and apparel company. The Commission concluded that the proposed acquisition would raise no competition concerns given the companies' moderate combined market positions resulting from the proposed transaction. The transaction was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M. 8624

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