Michael Kors acquires Gianni Versace in a bid for the luxury market

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Michael Kors acquires Gianni Versace in a bid for the luxury market
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The handbag maker pays $2.1 billion for the high-end fashion company. Donatella Versace, who has headed her family's namesake company since her brother was murdered in 1997, will continue to run the brand.

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Two of my favorite labels, one of which remains out of my coolness and financial reach.

Yalls gots money like crazy. Can you send me some?

Both overrated.

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