Sep 25, 2018 · Following a day of rumors, today it’s official: Michael Kors Holdings Limited has bought Versace, the Italian luxury goods house founded by the late Gianni Versace in 1978 and now...

Photo: Michael M. Santiago/Getty Images Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead.

Aug 10, 2023 · Tapestry Inc., the company that owns Coach, Kate Spade and Stuart Weitzman, is acquiring major luxury group Capri Holdings, the parent company of Versace, Jimmy Choo and Michael Kors, it...

Sep 24, 2018 · In a move that would give Michael Kors Holdings LTD a stronger foothold in the luxury fashion space, the company, which already owns Jimmy Choo, is reportedly inking a deal to buy Gianni...

Sep 25, 2018 · After rumors of the acquisition, Michael Kors Holdings officially confirmed its purchase of Versace for $2.12 billion. In its acquisition of the brand, Michael Kors Holdings will now...

Sep 25, 2018 · Today, Michael Kors's holding company ponied up $2.12 billion for the iconic Italian house Versace. Here's what you need to know.

Sep 25, 2018 · Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.

By buying Versace for US$2.1 billion, Michael Kors is spending a significant amount of money precisely to grow the group – now renamed Capri Holdings – around its own brand. In 2017, it also acquired Jimmy Choo, the prestigious British shoemaker, for €1 billion.

Sep 25, 2018 · On Monday morning, Bloomberg and Reuters reported that the clothing brand Michael Kors was “nearing an agreement” to acquire the famed Italian fashion house Versace for $2 billion. Early on...

Update, 9/25: Following rumors, Michael Kors Holdings has officially bought Versace for $2.12 billion. In its acquisition of the iconic Italian fashion house, the Michael Kors Holdings...