JAB Luxury - the majority shareholder in Jimmy Choo with a 67% stake - says it backs a possible sale.

JAB Holding, external is the investment arm of the Reimann family and has holdings in a wide range of companies from beauty giant Coty to designer brand Bally.

It's not all high-end luxury, though: JAB also owns Krispy Kreme and a number of coffee brands including Kenco and Moccona.

Ashleigh Nghiem
Business reporter in Singapore

Japan's Nikkei 225 has been leading the market winners in Asia after Emmanuel Macron won the first round in the French presidential election.

Tokyo shares were up about 1.3% in afternoon trading, rising 247 points to 18,867.5.

South Korea's Kospi and Australia's ASX 200 made more modest gains and are now trading just  0.1% higher.

But Chinese stocks missed out on the relief rally as regulators signalled a clamp down on riskier financing in China.

The Shangai Composite index plummeted about 1.8%, while Hong Kong's Hang Seng remained flat at lunchtime. 

European shares are set to jump in about 40 minutes, with France's CAC 40 expected to open 2% higher, according to financial spreadbetters. 

The Dax in Frankfurt and London's FTSE 100 are also set to make gains.

Image source, Getty Images

Luxury shoe maker Jimmy Choo has put itself up for sale, announcing this morning that it is seeking offers. 

The company, which floated in London in October 2014, has seen sales growth slow, reporting a 2% rise last year compared to 7% in 2015 and 12% in 2014.

HSBC recently downgraded Jimmy Choo to "hold" from "buy" as it felt both sales and profits had fallen short.

“The disappointment comes from the fact that being of a small size, Jimmy Choo should have significantly out-performed the industry, notably thanks to its potential to open stores," HSBC analysts said. 

Image source, Getty Images

The euro initially rose 2% to its highest level since mid-November before giving up some ground after Emmanuel Macron's first round victory - but don't expect it to last.

Westpac analyst Tim Riddell says reality is likely to strike soon for investors: "Such gains are likely to be contained when markets reflect upon the marked shift away from the 'establishment' and just how effective the new president may be."

Today Programme
BBC Radio 4

Image source, Getty Images

"The most business friendly result possible," is how Today business presenter Dominic O'Connell describes centrist Emmanuel Macron's win in the first round of the French election.

Yannick Naud, head of fixed income at Banque Audixx, expects Mr Macron to beat the far-right leader Marine Le Pen by a landslide in the run-off on 7 May.

While Mr Macron's policies may be employer-friendly, Mr Naud warns that the man likely to be France's next president only set up his party a year ago. 

That means his policies are likely to have to be voted through by a coalition government, meaning they get watered down along the way.

Today Programme
BBC Radio 4

The annual meeting season is coming up and Stephen Clapham, financial analyst at Fenician Capital, says he expects some shareholder protests against executive pay.

"There could be a lot of this over the next 12 to 18 months," he says.

Martin Read, chairman of the Remuneration Consultants Group and on the board of Lloyds of London, the insurance market, says companies need to benchmark chief executive salaries externally. 

"It's really imortant if you're a company to understand what's going on in the wider world ... it gives you some sort of framework," he says.

However, Mr Read says firms also need to make sure they tweak standard pay structures, according to the company: "Very often people want to have a common standard for everything, but it's not really appropriate for different companies in different situations."

Image source, Getty Images

Dutch medical devices and healthcare giant Philips has posted a big jump in first quarter profit after spinning off its lighting business last year. 

Profits soared to 259m euros (£219m) for the three months to 31 March, compared with 37m euros in the same period last year. 

Core profits were 18% higher at a better than expected 442m euros.

Sales were up 2% to 5.7bn euros. 

Some breaking news from the wonderful world of cement this morning. 

Eric Olsen, the chief executive of LafargeHolcim - which is of course the world's biggest cement maker - will depart in July in the wake of a report into allegations the company paid armed groups in Syria to keep a plant open. 

"While I was absolutely not involved in, nor even aware of, any wrongdoing I believe my departure will contribute to bringing back serenity to a company that has been exposed for months on this case," Mr Olsen said. 

See this Financial Times story, external for more background.

Hong Kong has opened higher along with most Asian markets, with the Hang Seng up 0.6% at the open.

However, the Shanghai Composite is down 0.3% amid signs that Beijing will tolerate more market volatility as regulators clamp down on shadow banking and speculative trading.

Image source, Getty Images

It seems the markets in Asia at least are happy that the moderate Emmanuel Macron won the first round in France's presidential election yesterday and looks set to triumph in the run-off against far-right candidate Marine Le Pen next month.

The euro went flying above $1.09 at one point before falling back to $1.0846. It had been trading at $1.0726 in New York late on Friday.

"Markets are happy to buy what they see as the fact -- that 39-year-old Emmanuel Macron will be confirmed as the next president of the French republic in two weeks' time," said Ray Attrill, head of FX strategy at National Australia Bank.

"Markets are already celebrating as though Macron is already the president of the Republic," said Greg McKenna, chief market strategist at AxiTrader.

Chris Johnston
Business reporter

Welcome to another week of Business Live. It's going to be a busy day on the currency markets following the first round of the French presidential election - we'll bring you all the gyrations of the euro as European markets open, and all the other news that fits. 

Send us your comments at bizlivepage@bbc.co.uk or follow me on Twitter at @cajuk, external