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Michael Kors changes its name after Versace acquisition

03/01/2019

US leathergoods group Michael Kors has completed the acquisition of Italian luxury fashion house Gianni Versace. The value of the transaction was €1.83 billion ($2.12 billion at the time of the initial agreement). As indicated in September when it announced it had agreed to buy Versace, Michael Kors has now changed its name. From now on, the...

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