Michael Kors Buys Jimmy Choo For 1.2 Billion

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Michael Kors has picked up shoes for you to rock with your handbags.

He has signed on to purchase the luxury shoe maker Jimmy Choo for 1.2 billion. On the heels of Coach’s purchase of Kate Spade, this adds to the growth of successful U.S. retailers while many others are on the decline.

Source: http://fortune.com/2017/07/25/michael-kors-jimmy-choo/

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