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Michael Kors eyes US$8bn group sales with Versace buy

2018-09-25 14:41:00| Daily apparel & textile news and comment - from just-style.com

Michael Kors has confirmed it is to acquire Italian luxury fashion house Versace for US$2.12bn in a move that is expected to help grow group revenues to US$8bn and will see the group change its name to Capri Holdings Limited.

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