Home » Acquisitions » Michael Kors acquires Jimmy Choo for $1.3 billion
Michael Kors might be on the way to building America’s next luxury conglomerate. | Image courtesy: @jimmychoo, @michaelkors

Michael Kors acquires Jimmy Choo for $1.3 billion

Michael Kors Holdings Limited, announced Tuesday that the company has reached an agreement to acquire Jimmy Choo PLC for $1.3 billion. The main aim of the acquisition is to build up the Michael Kors brand and provide Jimmy Choo greater exposure to global markets, particularly in Asia, and expand the accessories brand into the men’s …

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