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Michael Kors to buy Jimmy Choo for £896 million

26/07/2017
Michael Kors to buy Jimmy Choo for £896 million

Leathergoods brand Michael Kors has announced it has reached an agreement to purchase UK-based luxury shoe brand Jimmy Choo for £896 million ($1.2 billion). The transaction has been approved by the Boards of Directors of both companies. It is expected to be completed during the fourth quarter of 2017.  The chairman and CEO of Michael Kors, John...

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