Michael Kors steps out with Jimmy Choo in $1.2 billion deal

[ahlam1399]

Michael Kors steps out with Jimmy Choo in $1.2 billion deal

(Bloomberg) -- Michael Kors Holdings Ltd. agreed to buy Jimmy Choo Plc for about 896 million pounds ($1.2 billion), as the maker of handbags popular with the commuter set seeks to restore lost luster by adding ?*** and the City? stilettos.

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