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Michael Kors buys Gianni Versace in $2.1 billion bid for a luxury market that’s swiftly changing

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Versace bought by Michael Kors for $2.1 billion Versace

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oh darn my $2B bid wasn't enough.

That is wrong! its the other way around Kors bought Versace

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Why Michael Kors scored with its Versace acquisitionAlthough it’s relatively young, the Milan-based Versace is one of the last available independent, family-run businesses worth having.
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The business of fashion: A look at Michael Kors' purchase of VersaceMichael Kors Holdings announced Tuesday it was buying Versace, the Italian fashion house, for US$2.1 billion, launching a conversation around the business of fashion and the efforts of a company to build an empire. Here’s a closer look at the deal and what it means for the fashion industry globebusiness Fashion will never be the same again RIPVersace
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