BREAKING: Michael Kors Buys Versace For $2.1 billion

September 25, 2018 Joshua Samuel

Michael Kors has said that it has agreed to buy luxury brand Versace, AFP is reporting. In a statement released on Tuesday, Michael Kors’ CEO John D. Idol said it bought Versace for 1.83 billion euros ($2.1 billion). “We are excited to have Versace as part of our family of luxury brands, and we are committed {Read More..}