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Michael Kors' products are frequently discounted, which means it's losing its status as an aspirational label.
Michael Kors tumbled 11% before Wednesday's opening bell after the company missed on revenue and said it sees comparable sales in low-single digits.
Michael Kors is buying Versace in a $2.12 billion deal. Here’s the complete story of how Versace became so iconic.
Michael Kors is buying Versace in a $2.12 billion deal. Take a look back at Versace's history and how it came the iconic luxury fashion house it is today.
Michael Kors is buying iconic Italian fashion brand Versace for more than $2 billion. The reasoning likely has to do with how luxury fashion is changing along with who is buying it.
Versace fans are terrified that a $2 billion deal with Michael Kors will ‘kill’ the fashion brand. Here’s what the companies say wil...
Michael Kors is buying Versace in a $2.12 billion deal. The companies said Tuesday that changes are in the works, including opening roughly 100 Versace stores, doubling down on shoes and accessories, and building up online shopping.
Over the weekend, the saga of the bidding war for Sky finally reached its conclusion when US broadcasting giant Comcast outbid Fox for the British company in a deal that values it at more than $40 billion.
Michael Kors has agreed to buy the Italian designer Versace in a deal that has an enterprise value of 1.83 billion euros ($2.12 billion).
‘He will kill it’: Versace fans are revolting against the brand’s rumored sale to ‘rancid’ Michael Kors
Versace fans are revolting after reports that the iconic Italian designer is about to be bought by Michael Kors. People are begging Versace to reconsider the deal, with fans commenting on Donatella Versace's Instagram saying Micheal Kors would "kill" the brand.
Michael Kors is close to acquiring Versace, the iconic Italian designer, for $2 billion. A deal would allow the Versace family to maintain a role in the company after the deal, according to Bloomberg.
Michael Kors, Gap, and Ralph Lauren are trying a new strategy to survive the retail apocalypse — and customers are going to hate it
Brands are scaling back on discounting.