Michael Kors or Versace? Test Your Knowledge on These No-Longer-Competing Fashion Brands

On Monday, Versace and Michael Kors announced that the Italian luxury brand would be acquired by Michael Kors for around $2 billion. While consumers aren’t exactly thrilled with the purchase, asserting that such a sale will undermine the quality of Versace, business experts are saying that it won’t be a complete overhaul and Donatella Versace will still very much have a role in the company, renamed to Capri Holdings Limited. Remember, Michael Kors also bought out Jimmy Choo last year.

Brigitte Carreiro
by Brigitte Carreiro
Sep 26, 2018