Michael Kors nears agreement to buy Versace for $2 billion
(Bloomberg)—Handbag maker Michael Kors Holdings Ltd., No. 295 in the Internet Retailer 2018 Top 1000, will buy Gianni Versace SpA for 1.83 billion euros ($2.2 billion), bringing the American luxury company closer to its goal of becoming an international house of fashion brands. The Italian fashion house known for its baroque designs drew interest from several suitors, […]