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The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn). Capri Holdings, which also owns Michael Kors and .
Following a day of rumors, today it’s official: Michael Kors Holdings Limited has bought Versace, the Italian luxury goods house founded by the late Gianni Versace in 1978 and now creatively. The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn). Capri Holdings, which also owns Michael Kors and Jimmy Choo, is being taken over. Tapestry Inc., the company that owns Coach, Kate Spade and Stuart Weitzman, is acquiring major luxury group Capri Holdings, the parent company of Versace, Jimmy Choo and Michael Kors, it. Versace’s parent company has announced it’s being bought by the luxury goods group Tapestry. In a new deal worth .5 billion (approximately €7.75bn), Capri Holdings is being taken over.
25 September 2018. NEW YORK, United States — American conglomerate-in-the-making Michael Kors is buying Italian fashion house Versace for a value of approximately .12 billion, including debt, the company announced on Tuesday. The acquisition of Versace is complete and Michael Kors Holdings Ltd. has officially changed its name to Capri Holdings. Starting Jan. 2, the company will trade under the new stock market.
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Michael Kors (KORS) has agreed to take over Italian fashion house Gianni Versace for .1 billion, as the American designer looks to add more upscale brands to its offerings. The American designer's holding company, Michael Kors Holdings, announced today the purchase of Italian label Versace for .12 billion. (The parent company will be called Capri Holdings moving. Michael Kors has bought Versace for .1 billion as the American fashion brand moves closer to its goal of becoming a luxury fashion conglomerate to rival Kering and LVMH, and renames itself Capri Holdings to reflect its portfolio approach.
The US group on Tuesday confirmed it had agreed to buy the family-owned Milanese fashion house for €1.83bn (.1bn) including debt, pitting it against industry leaders LVMH, Kering and. Following a day of rumors, today it’s official: Michael Kors Holdings Limited has bought Versace, the Italian luxury goods house founded by the late Gianni Versace in 1978 and now creatively. The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn). Capri Holdings, which also owns Michael Kors and Jimmy Choo, is being taken over. Tapestry Inc., the company that owns Coach, Kate Spade and Stuart Weitzman, is acquiring major luxury group Capri Holdings, the parent company of Versace, Jimmy Choo and Michael Kors, it.
Versace’s parent company has announced it’s being bought by the luxury goods group Tapestry. In a new deal worth .5 billion (approximately €7.75bn), Capri Holdings is being taken over.
25 September 2018. NEW YORK, United States — American conglomerate-in-the-making Michael Kors is buying Italian fashion house Versace for a value of approximately .12 billion, including debt, the company announced on Tuesday. The acquisition of Versace is complete and Michael Kors Holdings Ltd. has officially changed its name to Capri Holdings. Starting Jan. 2, the company will trade under the new stock market. Michael Kors (KORS) has agreed to take over Italian fashion house Gianni Versace for .1 billion, as the American designer looks to add more upscale brands to its offerings. The American designer's holding company, Michael Kors Holdings, announced today the purchase of Italian label Versace for .12 billion. (The parent company will be called Capri Holdings moving.
Michael Kors has bought Versace for .1 billion as the American fashion brand moves closer to its goal of becoming a luxury fashion conglomerate to rival Kering and LVMH, and renames itself Capri Holdings to reflect its portfolio approach.
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