Friday, 5 October 2018

Michael Kors' Buying Versace Is a Major Fashion Faux Pas - Motley Fool


Motley Fool

Michael Kors' Buying Versace Is a Major Fashion Faux Pas
Motley Fool
Michael Kors Holdings (NYSE:KORS) agreed to buy high-end designer Versace in a deal that values the fashion house at $2.1 billion, an acquisition that seems to please no one. Because Kors is viewed as an aspirational luxury brand, whereas the Italian ...

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