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Update, 26/9: Following rumours, Michael Kors Holdings has officially bought Versace for .12 billion. In its acquisition of the iconic Italian fashion house, the Michael Kors Holdings fashion . NEW YORK (REUTERS) - Michael Kors agreed to buy luxury designer Versace for 1.83 billion euros (S.9 billion) including debt on Tuesday (Sept 25), as the US fashion group positions itself to.Michael Kors has agreed to buy the Italian fashion house Versace in a .12 billion deal. Michael Kors will be called Capri Holdings, and it has plans to . Michael Kors (KORS) has agreed to take over Italian fashion house Gianni Versace for .1 billion, as the American designer looks to add more upscale brands to its .
In the race to build America's first-ever luxury conglomerate, Michael Kors Holdings, now renamed Capri Holdings, has acquired the world . The deal, which Kors is funding with cash on hand and its credit facility, includes 150 million euros worth of stock in the new Capri Holdings. Versace will continue to be led by .
MILAN, Italy — Handbag maker Michael Kors Holding Ltd. is nearing an agreement to buy Gianni Versace SpA after the iconic Italian fashion house drew interest from . LONDON — Michael Kors is close to announcing a deal to buy Versace, the Italian fashion house, in its latest step toward becoming a rival for Europe’s luxury conglomerates, .
who owns versace company now
US luxury group Michael Kors is set to announce a deal to buy Milanese fashion house Versace in a deal worth about bn, according to two people briefed on the talks. Michael Kors has bought Versace for .1 billion as the American fashion brand moves closer to its goal of becoming a luxury fashion conglomerate to rival Kering and LVMH, .Update, 26/9: Following rumours, Michael Kors Holdings has officially bought Versace for .12 billion. In its acquisition of the iconic Italian fashion house, the Michael Kors Holdings fashion group will change its name to Capri Holdings.
NEW YORK (REUTERS) - Michael Kors agreed to buy luxury designer Versace for 1.83 billion euros (S.9 billion) including debt on Tuesday (Sept 25), as the US fashion group positions itself to.
Michael Kors has agreed to buy the Italian fashion house Versace in a .12 billion deal. Michael Kors will be called Capri Holdings, and it has plans to grow Versace's revenue, increase its. Michael Kors (KORS) has agreed to take over Italian fashion house Gianni Versace for .1 billion, as the American designer looks to add more upscale brands to its offerings. In the race to build America's first-ever luxury conglomerate, Michael Kors Holdings, now renamed Capri Holdings, has acquired the world-famous Italian fashion house. But does it have what it takes to turn Versace's price tag into profit? The deal, which Kors is funding with cash on hand and its credit facility, includes 150 million euros worth of stock in the new Capri Holdings. Versace will continue to be led by ceo Jonathan.
MILAN, Italy — Handbag maker Michael Kors Holding Ltd. is nearing an agreement to buy Gianni Versace SpA after the iconic Italian fashion house drew interest from several suitors, people familiar with the plans said. LONDON — Michael Kors is close to announcing a deal to buy Versace, the Italian fashion house, in its latest step toward becoming a rival for Europe’s luxury conglomerates, two people with. US luxury group Michael Kors is set to announce a deal to buy Milanese fashion house Versace in a deal worth about bn, according to two people briefed on the talks.
Michael Kors has bought Versace for .1 billion as the American fashion brand moves closer to its goal of becoming a luxury fashion conglomerate to rival Kering and LVMH, and renames itself Capri Holdings to reflect its portfolio approach.Update, 26/9: Following rumours, Michael Kors Holdings has officially bought Versace for .12 billion. In its acquisition of the iconic Italian fashion house, the Michael Kors Holdings fashion group will change its name to Capri Holdings. NEW YORK (REUTERS) - Michael Kors agreed to buy luxury designer Versace for 1.83 billion euros (S.9 billion) including debt on Tuesday (Sept 25), as the US fashion group positions itself to.
Michael Kors has agreed to buy the Italian fashion house Versace in a .12 billion deal. Michael Kors will be called Capri Holdings, and it has plans to grow Versace's revenue, increase its.
Michael Kors (KORS) has agreed to take over Italian fashion house Gianni Versace for .1 billion, as the American designer looks to add more upscale brands to its offerings.
In the race to build America's first-ever luxury conglomerate, Michael Kors Holdings, now renamed Capri Holdings, has acquired the world-famous Italian fashion house. But does it have what it takes to turn Versace's price tag into profit? The deal, which Kors is funding with cash on hand and its credit facility, includes 150 million euros worth of stock in the new Capri Holdings. Versace will continue to be led by ceo Jonathan. MILAN, Italy — Handbag maker Michael Kors Holding Ltd. is nearing an agreement to buy Gianni Versace SpA after the iconic Italian fashion house drew interest from several suitors, people familiar with the plans said.
LONDON — Michael Kors is close to announcing a deal to buy Versace, the Italian fashion house, in its latest step toward becoming a rival for Europe’s luxury conglomerates, two people with. US luxury group Michael Kors is set to announce a deal to buy Milanese fashion house Versace in a deal worth about bn, according to two people briefed on the talks.
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