Michael Kors Buys Versace For $2.1 Billion

Michael Kors has bought Versace for $2.1 billion as the American fashion brand moves closer to its goal of becoming a luxury fashion conglomerate to rival Kering and LVMH, and renames itself Capri Holdings to reflect its portfolio approach.

Click link below to read full article on Vogue.

https://www.vogue.co.uk/article/michael-kors-to-buy-versace

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