Michael Kors buys Italian luxury fashion house Versace for $2.1 billion

Michael Kors buys Italian luxury fashion house Versace for $2.1 billion

By Carrie Ann - Sep 26, 2018

Michael Kors Holdings Limited (NYSE:KORS) on Tuesday agreed to purchase Europe’s prominent luxury fashion house, Gianni Versace, for nearly $2.1 billion (€1.83 billion). Versac

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