Avatar - Bernard Jackson
Bernard Jackson
Michael Kors Buys Italy's Versace Fashion House For $2.12 Billion

Michael Kors Buys Italy's Versace Fashion House For $2.12 Billion

verified_publisherNPR - Bill Chappell

Fashion company Michael Kors is buying Versace, the Italian luxury brand founded by Gianni Versace in 1978, for $2.12 billion. The two fashion houses made the announcement Tuesday, one day after speculation spread about a potential deal. Donatella Versace, the artistic director of the Milan-based …

View on npr.org
Avatar - NPR

NPR

News, science, health and more.