Michael Kors to continue shopping spree with Versace, after Jimmy Choo

Luxury handbag retailer Michael Kors (KORS) is reportedly looking to acquire Italian luxury brand Versace for around $2 billion. There is no official confirmation yet, but more information on the deal might become available during this week. The Versace family owns an 80% stake in the company while private equity firm Blackstone owns the remaining … Continue reading Michael Kors to continue shopping spree with Versace, after Jimmy Choo