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The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead
Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead. Steep price increases and other ...
Business Insider India6y
Michael Kors is buying Versace in a $2.12 billion deal. Here's the full story of how Versace became so iconic.
Michael Kors has agreed to buy the Italian fashion house Versace in a $2.12 billion deal. As part of the deal, Michael Kors is changing its name to Capri Holdings. The company says it aims to grow ...
New York Post11d
John D. Idol’s ‘God complex’ is driving fashion brands ‘into the ground’: sources on Versace, Kors owner
The multi-millionaire CEO of Capri Holdings made his fortune at America’s biggest brands, from Donna Karan to Michael Kors, before buying Italian design house Versace for $2.1 billion in ...
Business Insider India6y
Michael Kors is likely buying Versace for one key reason
Versace is going through some changes. The Italian fashion house is being acquired by Michael Kors in a deal worth $2.12 billion. After the deal closes, Michael Kors will be renamed Capri Holdings.
Business Insider28d
Capri jumps on report Prada is nearing $1.6 billion deal for Versace
The owner of Versace jumped on Monday following a report that Prada was moving closer to a deal for the Italian fashion brand. Capri Holdings, which also owns Jimmy Choo and Michael Kors ...