News

Michael Kors could buy Versace in $2 billion deal

8 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

8 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

8 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

8 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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Trump kicks off 2020 campaign at Orlando rally

Trump kicks off 2020 campaign at Orlando rally

The president is hoping to replicate the dynamics that allowed him to capture the Republican Party nomination and then the presidency in 2016 as an insurgent intent on... Read more ...

Utility blamed for deadly, destructive California wildfire agrees to pay $1...

Utility blamed for deadly, destructive California wildfire agrees to pay $1 billion to governments

A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to Northern California cities and... Read more ...

‘Attack squirrel' hopped up on meth rescued during drug bust

‘Attack squirrel' hopped up on meth rescued during drug bust

Rocky's got nothing on this flying squirrel. An “attack squirrel” in a cage was hopped up on methamphetamine so it would stay aggressive, authorities said. Limestone County... Read more ...

Sprouts Farmers Market recalls frozen spinach in several states due to...

Sprouts Farmers Market recalls frozen spinach in several states due to listeria concerns

You might want to check the fridge. Read more ...

Trump: Acting Defense Secretary Shanahan withdraws his nomination

Trump: Acting Defense Secretary Shanahan withdraws his nomination

Acting Defense Secretary Shanahan withdraws his nomination, Army Secretary Esper will be new acting secretary, according to the president. Read more ...

'Hunger Games' author Suzanne Collins releasing a prequel about Panem

'Hunger Games' author Suzanne Collins releasing a prequel about Panem

A new prequel to the hit book series is coming to a district near you in 2020. Read more ...

Mayor-elect Quinton Lucas thanks Kansas City voters, Jolie Justus

Mayor-elect Quinton Lucas thanks Kansas City voters, Jolie Justus

Lucas says vote was for issues facing Kansas City, such as addressing affordable housing, violent crime Read more ...

John Sterling busts out Edwin Encarnacion home run call

John Sterling busts out Edwin Encarnacion home run call

It didn't take long for John Sterling to bust out his Edwin Encarnacion homer call. The AL home run leader, playing in his second game in pinstripes, homered in the eighth... Read more ...

Chris Paul can no longer co-exist with James Harden on the Rockets

Chris Paul can no longer co-exist with James Harden on the Rockets

The Chris Paul-James Harden saga has reached the ultimatum stage. The relationship between the two Rockets guards is “unsalvageable,” according to a report by Yahoo Sports... Read more ...

Huge earthquake strikes Japan, triggers tsunami warning

Huge earthquake strikes Japan, triggers tsunami warning

A massive earthquake struck northwestern Japan - prompting officials to issue a warning of a tsunami that could reach heights of more than three feet along parts of the coast... Read more ...