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Michael Kors acquires Versace; to be renamed as Capri Holdings Limited

Michael Kors Holdings Limited, a global fashion luxury group, announced that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace S.p.A. for a total enterprise value of Euro...

Michael Kors adopts fur-free policy

Michael Kors, a global fashion luxury group, has announced that it will no longer use animal fur in its products, with production being phased out by the end of December 2018. “I am pleased to announce our company’s commitment to...

Michael Kors acquires Jimmy Choo for over US $1 billion

Fashion house Michael Kors has bought shoemaker Jimmy Choo for just over US $1 billion. Under the terms of the transaction, Jimmy Choo shareholders will receive 230 pence per share, with an enterprise value of approximately US $1.350 billion. The...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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