Michael Kors buys Versace in $2.1bn deal

Donatella Versace to stay on at Italian label and US fashion group to rebrand as Capri

Michael Kors has confirmed its acquisition of the Italian fashion house Versace for $2.1 bn (£1.6bn).

Donatella Versace, the brand’s artistic director and sister of founder Gianni Versace, will continue to lead the creative side of the business.

Continue reading...

from The Guardian https://ift.tt/2IdwMcP
via
0 Comments