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Michael Kors eats up Versace shares in latest buyout

The Versace Mansion is no longer the only thing American about the legendary Italian fashion house, as famed American designer Michael Kors has recently acquired Versace for $2.1 billion. Founded by the late Gianni Versace in 1978, the Versace company has been run by Gianni’s sister, Donatella Versace, since his infamous murder at the mansion […]

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