Michael Kors, now Capri Holdings, completes Versace deal

Business 12/31/18, 09:07

Having adding a pair of high-end brands to its stable, Michael Kors is changing its name to Capri.The company announced the acquisition of the Italian fashion house Versace for more than $2 billion (1.83 billion euros) in September, less than two years after acquiring Jimmy Choo, the shoemaker that rocketed ...

Michael Kors ups the glamour, buys Versace for $2 billion

Business 09/25/18, 08:21

Michael Kors is buying the Italian fashion house Gianni Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.The deal announced Tuesday follows the New York handbag maker's $1.35 billion acquisition last year of the shoemaker Jimmy Choo.Michael ...

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