Tag Archives: Versace

Michael Kors Is Buying Versace for $2 Billion

Fashion Week surprises usually tend to be focused around designers leaving their posts or assuming new ones, but this season, changes are happening at the highest level at two of the most well-known fashion houses. Michael Kors has announced that it’s set to acquire Versace for approximately $2.12 billion, Business of Fashion reports. The sale…

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