Kors is known to have an entrepreneurial spirit and is set on expanding his global empire.
Global fashion giant Michael Kors announced that it had agreed to buy Versace, signaling an intention to move deeper into the international big league after snapping up shoemaker Jimmy Choo last year.
The company, rooted in iconic American fashion, but headquartered in London, will pay US$2.1bil (RM8.69bil) for the Italian luxury giant, a statement said. Here are five things to know about Michael Kors.
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