1. Breaking News: Michael Kors Agrees to Buy Versace

    Breaking News:  Michael Kors Agrees to Buy Versace
    • Michael Kors has agreed to buy the Italian fashion house Versace.
    • The deal has an enterprise value of 1.83 billion euros ($2.12 billion).
    • Michael Kors will change its name to Capri Holdings once the deal closes.
    • Watch Michael Kors trade in real time here.

    Michael Kors has agreed to buy the Italian fashion house Versace in a deal that has an enterprise value of 1.83 billion euros ($2.12 billion). The global fashion luxury group also announced it will change its name to Capri Holdings...

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    1. We are excited to have Versace as part of our family of luxury brands, and we are committed to investing in its growth.
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