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KM Financial Solutions | UPDATE 1-Michael Kors takes over fashion icon Versace in $2 bln deal
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UPDATE 1-Michael Kors takes over fashion icon Versace in $2 bln deal

24 Sep UPDATE 1-Michael Kors takes over fashion icon Versace in $2 bln deal

Posted at 11:58h in News by
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U.S. fashion group Michael Kors
has agreed to buy Versace in a deal valuing the revered
designer at $2 billion including debt, the companies said on
Tuesday, making it the latest Italian brand to fall into foreign
hands.

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