Michael Kors to Buy Versace?
Clothing and apparel maker Michael Kors is reportedly closing in on a deal to scoop up Italian luxury designer Versace. The deal is said to be worth $2 billion. The…
TOKYO, JAPAN – NOVEMBER 13: Designer Michael Kors attends the Michael Kors And Vogue Japan Celebrate Kate Hudson’s Work With Watch Hunger Stop In Support Of The World Food Programme on November 13, 2017 in Tokyo, Japan. (Photo by Christopher Jue/Getty Images for Michael Kors)
Christopher Jue/Getty Images for Michael KorsClothing and apparel maker Michael Kors is reportedly closing in on a deal to scoop up Italian luxury designer Versace. The deal is said to be worth $2 billion. The timing could be perfect for Kors as the Versace brand recently started turning profits again. Michael Kors has been busy in recent months. Just last year he bought British brand Jimmy Choo for an estimated $1.2 billion. What is your go-to luxury clothing maker? What is the one brand that you will pay any price for?
