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

    Nique Got-It - Mention Me

    Nique Got-It “Mention Me” Single | @NiqueGot_It

    January 21, 2021

    Erich Mrak – Navigate @ErichMrakMusic

    February 5, 2019

    OddVersations Podcast Looks to Make a Huge Mark in Media @oddversations

    May 7, 2020

Search StreetsOnPoint

Recent Posts

  • G5 Sly Finds Strength and Healing on New Single “Somebody Loves Me”
  • Visionz2turnt Turns Pain Into Purpose With Powerful New Single “Depression”
  • RodThaGreat “Dilemma” Challenges the Soul of Modern Music
  • Mrpossie Turns Up the Heat With Latest Release “Tell Me Yes”
  • Driven and Refined: Lady Cam Makes a Statement With “Never Stay the Same”
© 2026 | Amanda Goldben – StreetsOnPoint - MzOnPoint | All Rights Reserved