Capri Holdings Limited

Fashion & Lifestyle

Michael Kors acquires Versace; to be renamed as Capri Holdings Limited

Indiaretailing Bureau - September 26, 2018

Michael Kors Holdings Limited, a global fashion luxury group, announced that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace S.p.A. for a total enterprise value of Euro...

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The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...

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