Michael David Kors (born Karl Anderson Jr.) is an American fashion designer and entrepreneur. Kors is best known for being the chief creative director and honorary chairman of his namesake fashion brand, Michael Kors. The company deals primarily in men’s…
Read MoreThe 101 on the Michael Kors / Versace Merger and What It Means for Luxury Products
In 2017, Versace reported an annual loss of 7.4 million euros. And in September 2018, Michael Kors (KORS) bought the struggling Italian fashion brand for $2.12 Billion. “With the acquisition of Versace we have created one of the world’s leading…
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