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Michael Kors Buying Versace In Deal Worth More Than $2B

Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion. The deal Tuesday comes just 14 months after the New York handbag maker spent $1.35 billion adding to its portfolio Jimmy Choo. Michael Kors remains the chief creative director at Kors, but the expanding company will be renamed … Read more

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