Details of her departure are sparse, but it has been reported that Jimmy Choo co-founder and chief creative officer Tamara Mellon is leaving the footwear and handbags brand just five months after its acquisition by the private equity firm Labelux.
Both Women’s Wear Daily and The Telegraph have reported that Mellon’s exit will coincide with that of Joshua Shulman, the company’s current CEO, however they are said to have made their decisions independently of one another, and neither one is leaving because they’ve been offered better jobs. According to the Telegraph, both departures are amicable — and both Shulman and Mellon are going to stay on for the next few months until suitable replacements are found.
Mellon has grown Jimmy Choo from the handmade wares of a sole British cobbler in to a multimillion dollar global accessories firm. She left British Vogue‘s accessories department in the late 90s to found the label with Malaysian-born Jimmy Choo, helped along by a £150,000 loan from her father. Since then the company has grown by leaps and bounds. Labelux, the third private company to own Jimmy Choo since it was founded, paid some $800 million for that privilege just last May.
Indeed Mellon has become a very wealthy, lauded woman during her time with Jimmy Choo, and her departure has us wondering what she’ll do next. She also rather famously left her job as an advisor and part owner of Halston over the summer. Is she freeing herself up to start her own business? Will she take her winnings and become a fabulous recluse? Is that underwear line with Usher really about to happen? We’ll have to wait and see.