News

Michael Kors could buy Versace in $2 billion deal

2 monthes ago   |   By CNN Money

The US handbag maker is reportedly close to buying Versace in a deal that values the Italian fashion house at around $2 billion.
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Michael Kors is Reportedly in Talks to Buy Versace for an Estimated $2 Billion

2 monthes ago   |   By Newsweek

The reports surfaced after the brand showed at Milan Fashion Week.
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Michael Kors is reportedly zeroing in on a $2 billion bid for Versace

Michael Kors is reportedly zeroing in on a $2 billion bid for Versace

2 monthes ago   |   By Business Insider

Michael Kors is close to acquiring Versace, an iconic Italian luxury designer, for $2 billion, Bloomberg reports.
The Versace family helped the brand return to profit last year and will continue to have a role in the company after the deal, the report said.
Michael Kors purchased the British brand Jimmy Choo last year for $1.2 billion.
Watch Michael Kors shares in real time here.
Handbag maker Michael Kors is close to acquiring the iconic Italian luxury designer Versace, according to a Bloomberg report.
The deal, which values Versace at about $2 billion, may come as early as this week, and...
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Michael Kors close to buying Versace for $2.4B

Michael Kors close to buying Versace for $2.4B

2 monthes ago   |   By New York Post

MILAN - An Italian newspaper reports that the Versace group is on the verge of announcing its sale to an American company for 2 billion euros. Corriere della Sera reported Monday, without citing sources, that the announcement could come as early as Tuesday. Bloomberg and Reuters news agencies later reported the buyer would...
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Interior Secretary Ryan Zinke to leave Trump administration at end of the year

Interior Secretary Ryan Zinke to leave Trump administration at end of the year

President Donald Trump says Interior Secretary Ryan Zinke will depart his administration at the end of the year. Read more ...

Ryan Zinke Is Leaving The Interior Department, Trump Tweets

Ryan Zinke Is Leaving The Interior Department, Trump Tweets

The interior secretary is stepping down after a tumultuous two years, marked by mounting allegations of misconduct in office. (Image credit: Pablo Martinez Monsivais/AP) Read more ...

Phil Kessel scores in OT, Penguins beat Kings 4-3

Phil Kessel scores in OT, Penguins beat Kings 4-3

Up next; Penguins host Anaheim on Monday night. Read more ...

Mathew Barzal's late heroics lift Islanders past Red Wings in SO

Mathew Barzal's late heroics lift Islanders past Red Wings in SO

Mathew Barzal scored on a power play in the third period and had the only goal in the shootout to lift the Islanders to a 4-3 win over the Red Wings on Saturday night at the... Read more ...

Covered California extends deadline amid questions over Obamacare future

Covered California extends deadline amid questions over Obamacare future

After a U.S. District Court judge in Texas dealt a significant blow to the Affordable Care Act by calling it unconstitutional, Covered California announced that it's extended... Read more ...

Johnson & Johnson stock plummets after report claims it knew about asbestos...

Johnson & Johnson stock plummets after report claims it knew about asbestos in its baby powder

Johnson & Johnson's stock tumbled 10 percent on Friday - wiping out close to $40 billion of its market value - after a Reuters report said the company knew for decades that... Read more ...

Rain Continues Sunday

Rain Continues Sunday

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Jacobson's 22 leads Iowa State past Drake 77-68 in HyVee Classic

Jacobson's 22 leads Iowa State past Drake 77-68 in HyVee Classic

Cyclones pull away in final five minutes Read more ...

AP: Report rips expensive decisions in California wildfire fight

AP: Report rips expensive decisions in California wildfire fight

The Soberanes Fire burned its way into the record books, costing $262 million as the most expensive wildland firefight in U.S. history in what a new report calls an "extreme... Read more ...

As Judge Rules Obamacare Unconstitutional, Democrats Seethe, Republicans...

As Judge Rules Obamacare Unconstitutional, Democrats Seethe, Republicans Stay Mum

The decision came on the eve of the final day of open enrollment for 2019 healthcare coverage under the Affordable Care Act. Read more ...