• Michael Kors is buying Versace in a $2.12 billion deal. Here's the full story of how Versace became so iconic

    2 monthes ago - By Business Insider

    Michael Kors has agreed to buy the Italian fashion house Versace in a $2.12 billion deal .
    Michael Kors will be called Capri Holdings, and it has plans to grow Versace's revenue, increase its store footprint and online presence, and focus on shoes and accessories.
    Donatella Versace, who took over Versace after her brother Gianni Versace was murdered in 1997, will retain her position as creative director of the luxury fashion brand.
    Here's how Versace became the iconic fashion brand it is today.
    Michael Kors has agreed to buy the Italian fashion house Versace in a $2.12 billion deal .
    As...
    Read more ...

     

  • Michael Kors is buying Versace in a $2.12 billion deal. Here's the full story of how Versace became so iconic

    Michael Kors is buying Versace in a $2.12 billion deal. Here's the full story of how Versace became so iconic

    2 monthes ago - By Business Insider

    Michael Kors has agreed to buy the Italian fashion house Versace in a $2.12 billion deal .
    Michael Kors will be called Capri Holdings, and it has plans to grow Versace's revenue, increase its store footprint and online presence, and focus on shoes and accessories.
    Donatella Versace, who took over Versace after her brother Gianni Versace was murdered in 1997, will retain her position as creative director of the luxury fashion brand.
    Here's how Versace became the iconic fashion brand it is today.
    Michael Kors has agreed to buy the Italian fashion house Versace in a $2.12 billion deal .
    As...
    Read more ...

     

  • Don't buy Kors for Versace - 'BUY KORS FOR KORS,' Jefferies says

    Don't buy Kors for Versace - 'BUY KORS FOR KORS,' Jefferies says

    2 monthes ago - By Business Insider

    Jefferies reiterated its "buy" rating for Micheal Kors after the acquisition of the Italian designer house Versace.
    "Nice Playbook For Versace, But BUY KORSFOR KORS," Jefferies analyst Randal Konik said.
    Versace could benefit from Kors' expertise in accessories and omnichannel development.
    Watch Michael Kors trade in real time here .
    After its $2.1 billion deal for the Italian fashion house Versace , Jefferies reiterated its "buy" rating for Michael Kors, with a price target of $93. "Nice Playbook For Versace, But BUY KORS FOR KORS" wrote Randal Konik, an analyst at the firm.
    In its press...
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