American fashion brand Michael Kors is buying luxury shoemaker Jimmy Choo in a deal worth $1.35 billion. Kors says that Jimmy Choo, which counts Jennifer Lopez, the Duchess of Cambridge and Beyonce among its fans, is "the ideal partner" and will have its online presence bolstered. Jimmy Choo Chief...

Topics:  michael kors   jennifer lopez   duchess   cambridge   beyonce   chief   jimmy choo   buy   billion   
BING NEWS:
  • Column: In Michael Kors, Coach merger challenge, FTC’s case is not in the bag
    When it comes to handbags, there’s a sweet spot for sensible middle-aged people like me: Not cheap, but also not too pricey. Stylish, but not too trendy. Quality material, but not too fancy.
    04/25/2024 - 8:37 am | View Link
  • This Season’s Must-Buy Handbag Stock
    The Federal Trade Commission is suing to stop Tapestry from acquiring rival Capri Holdings. One of the two stocks looks especially promising.
    04/24/2024 - 7:00 pm | View Link
  • Michael Kors Is Back on Rodeo Drive: “One of My Favorite Streets in the World”
    Worn recently by Keke Palmer and Blake Lively, Kors has just debuted a 1,500-square-foot space on Beverly Hills' prime shopping stretch: "This new concept has a warm, residential feel," says the ...
    04/24/2024 - 4:51 pm | View Link
  • Antitrust Watch: U.S. Sues to Stop Handbag Deal, Grocery Chains Sell Off to Boost Merger Odds
    A merger between Coach and Michael Kors gets bagged by the Federal Trade Commission, as Albertsons and Krogers plan to sell 579 stores to satisfy the regulator.
    04/23/2024 - 7:25 am | View Link
  • US Sues To Block Coach Owner's $8.5 Bn Buyout Of Versace Parent
    The US Federal Trade Commission (FTC) said Monday it has sued to block fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace.
    04/22/2024 - 2:51 pm | View Link
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