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michael-kors-bought-versace-for-2-2-billion

 

Its being  reported that Michael Kors  has bought  the Versace  brand  for 2 Billon dollars .

The Versace family  SOLD along with  private equity firm Blackstone  20 per cent stake in Versace in 2014.

A spokesman for Versace declined to comment. Michael Kors and Blackstone were not immediately available for comment.

 

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