Breaking News: Michael Kors Agrees to Buy Versace
- 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...