• Michael Kors has agreed to buy the Italian fashion house Versace.
• The deal has an enterprise value of 1.83 billion euros ($2.12 billion).
• Michael Kors will change its name to Capri Holdings once the deal closes.
• Watch Michael Kors trade in real time here.

Michael Kors has agreed to buy the Italian fashion house Versace in a deal that has an enterprise value of 1.83 billion euros ($2.12 billion). The global fashion luxury group also announced it will change its name to Capri Holdings...