Twitter trend versace sold to michael kors for just 2billion #comments
I'm not seeing any evidence of a Twitter trend about Versace being sold to Michael Kors for $2 billion. It's possible that you may have come across a false or outdated article or social media post.
To clarify, Versace was actually acquired by Capri Holdings Limited (formerly Michael Kors Holdings Limited) in 2018 for approximately $2.1 billion. The acquisition was announced in January 2018 and was completed in August 2018.
Here's a statement from Capri Holdings at the time of the acquisition:
"Michael Kors Holdings Limited and Versace S.p.A. today announced that they have entered into a definitive agreement under which Michael Kors Holdings Limited will acquire Versace S.p.A. for approximately $2.1 billion. The acquisition is expected to be completed in the second half of 2018, subject to regulatory approvals and other customary closing conditions."
It's worth noting that while Michael Kors Holdings Limited was the parent company of Michael Kors, it was not the same company as the Michael Kors fashion brand. The company was rebranded as Capri Holdings Limited in 2019 to reflect its expanded portfolio of brands, which includes Versace, Jimmy Choo, and Michael Kors.