Yes! You read that headline correctly. According to several news sources, Michael Kors has agreed to buy the Milanese fashion house Versace, in a deal worth about $2 Billion. Now the Versace family will still keep some sort of role in the company after the sale but until the...
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Michael Kors Buys Jimmy Choo for $1.2 Billion.
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As life moves on there are many brands who either merge or get bought out due to many different reasons. Recently Coach was discussing buying Kate Spade, but officially Michael Kors has bought Jimmy Choo. Michael Kors has made reports of plummeting sales due to mall stores frequency of...
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