StreetsOnPoint

  • Home
  • Contact
  • Home
  • Contact
  • Michael Kors Buys Versace for $2.12 Billion
    Fashion,  Lifestyle,  National News

    Michael Kors Buys Versace for $2.12 Billion

    September 26, 2018 /

    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 with my brother Santo and daughter Allegra. I am proud that Versace remains very strong in both fashion and modern culture.” In addition to the billions, Donatella and her family will receive around $177 million in shares of the new company. Michael Kors chairman and CEO John D. Idol also commented on the deal, stating,…

    Read More
    MzOnPointPromo

    You May Also Like

    Brisco Pleads Guilty to Fake Cash, Theft & Fraud

    Brisco Pleads Guilty to Fake Bills & Fraud

    March 1, 2017
    Hazel-E Quits ‘Love & Hip Hop: Hollywood’

    Hazel-E Quits ‘Love & Hip Hop: Hollywood’

    September 18, 2015

    [Single] JRealityG “Get This Money” | @JRealityG

    November 18, 2022

Search StreetsOnPoint

Recent Posts

  • IKON PRESENTS CONTINUES TO SHINE IN THE ENTERTAINMENT CAPITAL OF THE WORLD
  • Music artist Aura releases his latest single ‘Goals’
  • Akyea J Teases Her Debut Comedy Album ‘Come Laugh With A Bihh’ With A Soft Release
  • ‘Stamped III: Five Mics’ — Passport Scoob Delivered
  • Minati Money Mission Celebrates Love, Life, and Independence with New Single “On the Rooftop”
© 2025 | Amanda Goldben – StreetsOnPoint - MzOnPoint | All Rights Reserved