Trends
Donatella Versace Speaks Out On Michael Kors Sale
Michael Kors acquires Versace in a multi-billion dollar deal this week, Kotn opens a location in New York and other fashion news you might have missed this week.
by : Erica Ngao- Sep 28th, 2018
In big (like billions of dollars big) fashion moves this week, Michael Kors announced its acquisition of Versace in a $2.12 billion deal. Along with the sale, Michael Kors Holdings will be renamed Capri Holdings, whose portfolio now includes three major fashion players: Michael Kors Collection, Jimmy Choo and Versace.
Fans of the iconic Italian luxury brand wondered what this meant for the future of the house and what role creative director and face of the label, Donatella Versace, would have. To address these rumours, she released a personal statement via Instagram to reassure the fashion world that the Versace style would remain as glamorous as ever and that she wasn’t going anywhere.
MICHAEL KORS BUYS VERSACE
THE GREEN CARPET FASHION AWARDS HONOUR THE BEST IN SUSTAINABLE FASHION
VANESSA HUDGENS CREATES FIRST COLLECTION FOR SUISTUDIO
KOTN OPENS SHOP IN NEW YORK
CARDI B MAKES A MONOCHROME STATEMENT AT PARIS FASHION WEEK
Wearing @christiancowan for @etam fashion show performance ?
A post shared by CARDIVENOM (@iamcardib) on
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