Michael Kors

Michael Kors

Markets | Retail
Donatella Versace has run the 40-year-old family-owned fashion house since 1997. She has said that being incorporated into Capri Holdings is essential to Versace's long-term success

Michael Kors buys Versace for $2.1bn

The Versace family has owned the eponymous luxury clothing brand since its inception in 1978, but the company is now set to be incorporated into a new global conglomerate
Markets
Fashion designer Michael Kors with Anna Wintour, Editor-in-Chief of Vogue. Michael Kors has announced it will purchase fellow fashion brand Jimmy Choo for $1.2bn

Michael Kors to buy Jimmy Choo for $1.2bn

The deal will merge two leading names in luxury fashion under one roof, providing some hope for future expansion in the squeezed high-end market
Digital Editions
Digital Editions
Top 5
Banking Awards
Dubai Sustainable Future
World Finance 100
Latest Issue
Latest Issue

The Winter 2024-25 Issue
Most popular
  1. Top 5 fastest-growing economies
  2. Top 5 hostile takeovers of all time
  3. Nike vs Adidas: a league of their own
  4. Top 5 of the fastest-growing industries in the world
  5. Does IKEA truly deserve its non-profit status?
  6. Guaranty Trust Bank is harnessing technology to drive inclusivity
  7. AmInvest aims to break global boundaries in Malaysia
  8. Top 5 regulatory concerns currently facing financial institutions
  9. Top 5 countries with the largest fiscal deficits
  10. Top 10 of the greatest leaders from ancient history
read more top stories