Kors takes Versace

Sep 25, 2018 10:19 am

The American group brand founded 40 years ago from Gianni Versace and relauned by sister Donatella 

Versace goes to the American fashion group Michael Kors. An agreement for the sale of the group would in fact be closed. As part of the operation, the Blackstone fund, which currently holds a 20% stake in the Italian fashion house, leaves the company, while the Versace family will hold a minority stake.

 

Source URL: http://eurasiatx.com/kors-takes-versace/