Tag: purchased

Michael Kors Buys Versace for $2.12 Billion

Michael Kors Buys Versace for $2.12 Billion

Michael Kors has bought Versace for $2.12 billion, which was confirmed on Tuesday (September 25) amid speculation. Donatella Versace, who ran the luxury fashion brand with her brother Santo and her daughter Allegra, released a statement about the deal, which read, “It has been more than 20 years since I took over the company along…

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Shaquille O’Neal Buys Krispy Kreme Store

Shaquille O’Neal Buys Krispy Kreme Store

Shaquille O’Neal just took ownership of an Atlanta-area Krispy Kreme store. The basketball Hall-of-Famer and sports and entertainment superstar announced Monday that he has become the owner of the Ponce de Leon location, which has been there for more than 60 years. O’Neal, who has previously admitted to loving Krispy Kreme doughnuts, has compared his…

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