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Luxury shoemaker Jimmy Choo has been bought by Michael Kors Holdings in a deal which values the firm at about £896m. The British firm, which was put up for sale in April, had attracted attention from a number of suitors. As well as shoes, Jimmy Choo produces a range of luxury goods, but has seen sales slow in recent years. Under the terms of the agreement, Jimmy Choo will become a wholly-owned subsidiary of Michael Kors.