If you’ve noticed the same names popping up in fashion news, you aren’t imagining things. In , Michael Kors Holdings made a massive power move by acquiring the iconic shoemaker Jimmy Choo for $1.35 billion . What you need to know about the deal:
The deal was a strategic move by Michael Kors to diversify its portfolio and enter the high-end luxury footwear market. Shortly after this acquisition, the company also purchased the Italian fashion house and subsequently rebranded the entire parent company as Capri Holdings Limited in January 2019. did michael kors buy jimmy choo
#MichaelKors #JimmyChoo #CapriHoldings #FashionNews #LuxuryStyle #BusinessOfFashion If you’ve noticed the same names popping up