Versace fans are terrified that a $2 billion deal with Michael Kors will 'kill' the fashion brand. Here's what the companies say will actually change.

📆 25/09/2018 16:29:00
📰 BusinessInsider

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Michael Kors is buying Versace in a $2.12 billion deal. The companies said Tuesday that changes are in the works, including opening roughly 100 Versace stores, doubling down on shoes and accessories, and building up online shopping.

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You cant kill whats alrd fking dead

Im the terrified fan

I worry about macro breweries buying small craft breweries and ruining them. I understand your pain

LiberalismIsAMentalDisorder LMFAO This will change NOTHING in the average persons life. The 1%ers will be affected monetarily, yet the Sheeple think their opinions matter😂🤣poor little peasants need things to empower them=in THEIR minds only, no one else GAF

They SHOULD be terrified. This just depreciated the value of a Versace item from haute to mall rat. Half the allure and price justifier of luxury is quality; but the OTHER half is strip-mall unattainability

HORRIBLE NEWS

Who cares? Do you see the woman in the picture? It looks like a gorilla kept punching her in the lips. If that's Versace fashions, then I say burn it to the ground.

Well won’t be buying Versace anymore and my son is named Gianni. This is disturbing to hear. What a great legend with such great history washed away. So sad to hear this. Hopefully they back out of the deal last minute.

Yea, will the versace brand disappear? I have clothes, ties, belts and versace key chains.

Never sell the family farm you hire people that can make it grow. No vision you hire a visionary person and pay them well

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Michael Kors Announces Acquisition Of Versace For $2.1 BillionMicheal Kors Holdings will also be renamed to Capri Holdings Limited. erick carman south park This isn’t right 🤔
Source: Forbes - 🏆 394. / 53 Read more »

Michael Kors Levels Up On Urban Culture With Versace AcquisitionVersace found the ultimate fan base with ’90s rap icons. And now, Michael Kors' $2.1 billion acquisition of the iconic Italian luxury house plans to tap into the mutual admiration that lingers to this day. Hip-hop is a powerful tool for reaching Generations Y and Z. Why these guys? Ain't they toooooo short for this one? :D
Source: Forbes - 🏆 394. / 53 Read more »