Fashion > Fashion

Michael Kors mulls Versace buyout

4 monthes ago   |   By

US fashion group Michael Kors is reportedly set to purchase Versace in a deal worth about $2bn.
Read more ...

 

Versace to be sold to US label Michael Kors for $2bn, reports say

Versace to be sold to US label Michael Kors for $2bn, reports say

4 monthes ago   |   By

Donatella Versace expected to confirm deal with handbag and clothing brand on Tuesday Versace, the Italian fashion house founded by Gianni Versace 40 years ago, has reportedly been sold to US handbag and clothing brand Michael Kors for $2bn. Donatella Versace, the brand's vice-president and artistic director, has called an all-staff meeting for Tuesday to announce the deal, according to the Italian newspaper Corriere della Sera.
Read more ...

 

Michael Kors Nears Deal for Versace for Over 2B Euro

4 monthes ago   |   By

Michael Kors Holdings Ltd. is adding some Italian flair.
Sources confirmed Kors is close to buying Versace for about 2 billion euros, a deal that is expected to close this week. The Versace family will maintain a role in the company, the sources said, although it could not immediately be learned what will be the exact nature of their involvement.
Kors buying Versace confirms a report in WWD today that the Italian fashion house was in talks about being acquired, with the American brand being among the names seen as a possibility.
The stock market didn't react well to reports of an impending...
Read more ...

 

Michael Kors Hopes to Become an American Version of LVMH With $2B Versace Buyout

4 monthes ago   |   By

The deal came just one year after Michael Kors bought Jimmy Choo for $1.2 billion.
Read more ...

 

BREAKING: Michael Kors to buy Versace for $2 billion

BREAKING: Michael Kors to buy Versace for $2 billion

4 monthes ago   |   By


Read more ...

 

Report: Michael Kors to Acquire Versace

Report: Michael Kors to Acquire Versace

4 monthes ago   |   By

Michael Kors Holding Ltd. is reportedly buying Gianni Versace SpA as soon as this week, according to Business of Fashion. The potential deal puts the value of the Italian house at $2 billion, and if a final agreement is reached, the Versace family will still hold a role within the...
Read more ...

 

Michael Kors close to buying Versace for $2.4B

Michael Kors close to buying Versace for $2.4B

4 monthes ago   |   By

MILAN - An Italian newspaper reports that the Versace group is on the verge of announcing its sale to an American company for 2 billion euros. Corriere della Sera reported Monday, without citing sources, that the announcement could come as early as Tuesday. Bloomberg and Reuters news agencies later reported the buyer would...
Read more ...

 

Michael Kors set to buy Versace for 2 billion US dollars

Michael Kors set to buy Versace for 2 billion US dollars

4 monthes ago   |   By

Michael Kors holdings is buying Gianni Versace SpA for 2 billion US dollars, according to news agencies Reuters and Bloomberg, citing people familiar with the matter. They added that the Italian fashion house was purchased for about 2 billion US dollars , , and an official announcement would be made later this week. Neither Versace nor Michael Kors have commented on the reports yet.
Blackstone reported to be selling its 20 percent stake
Currently, Versace is owned by the Versace family - Donatella Versace, the label's artistic director and vice-president, is the sister of founder
Gianni...
Read more ...

 


Search by Tags

   Fashion      Versace      Life and style      Business      Italy      Europe      World news      Designer and Luxury      Michael Kors net worth      Michael Kors stock      Michael Kors Versace      Who owns Versace      Network      News      Michael Kors      People      Luxury  


Kim Kardashian Age, Height, Plastic Surgery, Robbery, Worth- WikiFamous

Kimberly Noel Kardashian in short Kim Kardashian is an American Television Personality, the way she becomes famous cannot be pulled off by some ordinary girl. Read more ...

Kim Kardashian Age, Height, Plastic Surgery, Robbery, Worth- WikiFamous

Kimberly Noel Kardashian in short Kim Kardashian is an American Television Personality, the way she becomes famous cannot be pulled off by some ordinary girl. Read more ...

Fashion Focus Beachwear Magazine - Spring/Summer 2018

Fashion Focus Beachwear Magazine - Spring/Summer 2018

Fashion Focus Beachwear Magazine - Spring/Summer 2018 at Magazine Cafe Store USA Read more ...

Alexa Chung Updates Her Signature British Street Style With Americana...

Alexa Chung Updates Her Signature British Street Style With Americana References for Fall 2019

For her London Fashion Week debut last season, Alexa Chung took us on a journey with her "Arrivals and Departures" collection for her eponymous label, Alexachung. Her intended... Read more ...

Kiko Kostadinov: Ready-To-Wear AW19

Kiko Kostadinov: Ready-To-Wear AW19

It's a dark, dark world out there. And with their sophomore collection at Kiko Kostadinov, sisters Laura and Deanna Fanning decided to brighten it up. Continuing from their... Read more ...

Central Saint Martins MA: Ready-To-Wear AW19

Central Saint Martins MA: Ready-To-Wear AW19

25 graduate designers. 25 perspectives. 25 different visions of the future. The final, graduate show of the Central Saint Martins MA Fashion programme is always a true... Read more ...

NIKEiD Offers March Madness-Themed Air Force 1s

NIKEiD Offers March Madness-Themed Air Force 1s

To celebrate the upcoming March Madness , the Swoosh brand offers college basketball fans a variety of options to design their own Air Force 1 s on its customization platform... Read more ...

New York Fashion Week highlights, Beckham Ditches Skins, Franca Sozzani Book...

New York Fashion Week highlights, Beckham Ditches Skins, Franca Sozzani Book Launch and More News From This Week

10 Corso Como fete Assouline's Franca: Chaos and Creation The week started off with a cocktail celebration honoring the legacy of Franca Sozzani with the book adaptation of... Read more ...

WILLIAMSON/180 THE STORE IS SEEKING A LUXURY PART TIME SALES ASSOCIATE IN...

WILLIAMSON/180 THE STORE IS SEEKING A LUXURY PART TIME SALES ASSOCIATE IN NEW YORK, NY

180 the Store, a luxury lifestyle boutique, is looking for a Part-Time Luxury Sales Associate to join our team. The position will work directly with the Sales Manager to... Read more ...

Colin Kaepernick & Eric Reid Settle Collusion Complaint Against NFL

Colin Kaepernick & Eric Reid Settle Collusion Complaint Against NFL

Following months of discussion, Colin Kaepernick and Eric Reid have resolved their collusion grievances against the National Football League in a confidential settlement this... Read more ...

Gucci's Concrete Plan Towards More Diversity Involves Immediate Design Hires

Gucci's Concrete Plan Towards More Diversity Involves Immediate Design Hires

After holding Gucci accountable for its controversial "blackface sweater," Dapper Dan met with Gucci's corporate team in Harlem this week, and following his announcement on... Read more ...

Richardson's Graphic-Heavy SS19 Collection Pays Homage to NYC

Richardson's Graphic-Heavy SS19 Collection Pays Homage to NYC

Though Richardson ended up cancelling its collaboration with Vans this past December, the brand kicked off the new year by releasing new varsity jackets, incense burners, and... Read more ...

21 Savage's Lawyers Claim ICE Is Exploiting the Rapper's Fame in Full 'GMA'...

21 Savage's Lawyers Claim ICE Is Exploiting the Rapper's Fame in Full 'GMA' Interview

Following a teaser, Good Morning America has now released the full video interview between 21 Savage and ABC news correspondent Lindsey Davis. The pair's discussion, including... Read more ...