Jimmy Choo Is Starting to Pay Off for Michael Kors

The Jimmy Choo shoe brand, famous for a “Sex and a City” stilettos, is bringing cachet behind to new owners Michael Kors Holdings Ltd.

The London-based association credited Jimmy Choo, that it acquired in early November, for assisting expostulate sales during a holiday season. Michael Kors also pronounced it has begun to boost investment in a shoes tag to support growth.

Shares of Michael Kors surged as most as 6.9 percent to $69.95 in New York trade Wednesday, imprinting a biggest benefit in 3 months. That adds to a 4 percent benefit so distant this year.

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