Question: We recently learned that Michael Kors will be buying the Versace company/brand. Many feel that KORS has moved more toward mass and away from luxury
We recently learned that Michael Kors will be buying the Versace company/brand. Many feel that KORS has "moved more toward mass and away from luxury in its accessories line and that the Versace acquisition helps KORS anchor at the higher-end." What do you think....will this acquisition help or hurt the KORS brand? the Versace brand?
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