High-fashion shoe label Jimmy Choo is using investment bank NM Rothschild to explore the option of selling the business.

The company decided to enlist the help of Rothschild after a number of offers were made by various buyers over the summer, with luxury goods company Burberry rumoured to be one of the interested parties.

A sale or stock market floatation could bring in earnings of up to £100 million.

Jimmy Choo's majority owner Phoenix Equity Partners bought its stake in 2001 when designer Jimmy Choo sold out. The company is run by ex-Christian Lacroix boss Roger Bensoussan and founder Tamara Mellon.