• Michael Kors Hopes to Become an American Version of LVMH With $2B Versace Buyout

    2 monthes ago - By Observer

    The deal came just one year after Michael Kors bought Jimmy Choo for $1.2 billion.
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  • Michael Kors Nears Deal for Versace for Over 2B Euro

    2 monthes ago - By WWD

    Michael Kors Holdings Ltd. is adding some Italian flair.
    Sources confirmed Kors is close to buying Versace for about 2 billion euros, a deal that is expected to close this week. The Versace family will maintain a role in the company, the sources said, although it could not immediately be learned what will be the exact nature of their involvement.
    Kors buying Versace confirms a report in WWD today that the Italian fashion house was in talks about being acquired, with the American brand being among the names seen as a possibility.
    The stock market didn't react well to reports of an impending...
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  • BREAKING: Michael Kors to buy Versace for $2 billion

    BREAKING: Michael Kors to buy Versace for $2 billion

    2 monthes ago - By Hunger TV


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