Monday, November 19News That Matters

Michael Kors buys Versace in $2.1bn deal

Michael Kors buys Versace in $2.1bn deal

Donatella Versace to stay on at Italian label and US fashion company to rebrand as Capri Michael Kors has confirmed its acquisition of Italian fashion house Versace for $2.1 bn (£1.6bn). Donatella Versace, the brand’s artistic director and sister of founder G…

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