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Commercial Berlin Trade Fair Panorama Acquires Crafted Goods Platform Selvedge Run

BERLIN — In the latest instance of trade fair consolidation, Panorama Berlin, the platform for more large-scale or commercial brands, has acquired Selvedge Run, which dubs itself the “trade show for quality garments and crafted goods.” 195 more words

Mergers And Acquisitions

Michael Kors and Versace to Join Forces in $2B Deal

Michael Kors Holdings Ltd. means business.

The company today made good on its intentions to expand into a larger luxury conglomerate — announcing that it has entered into an agreement to acquire all outstanding shares of Italian luxury fashion house Gianni Versace SpA for an enterprise value of 1.83 billion euros, or $2.12 billion. 464 more words

Jimmy Choo

Is Michael Kors Close to Acquiring Versace?

MILAN — Speculation that Versace is in M&A play has been rife during Milan Fashion Week, reaching a fever pitch on Sunday.

The company had no comment on a possible divestiture by the Versace family, and the likelihood of a transaction could not immediately be learned. 728 more words

Mergers & Acquisitions

Sirius to Acquire Pandora in $3.5 Billion Online Radio Deal

Sirius XM Holdings Inc. said it will acquire Pandora Media Inc. in a $3.5 billion deal, helping the satellite-radio company expand into online music.

The all-stock transaction values Pandora at $10.14 a share, about 12 percent more than the company’s closing price on Friday. 135 more words

Michael Kors Is Close to Buying Versace for $2 Billion

Handbag maker Michael Kors Holding Ltd. is nearing an agreement to buy Gianni Versace SpA after the Italian fashion house known for its baroque designs drew interest from several suitors, people familiar with the plans said. 290 more words

Carrefour Denies Approaching Casino for Merger Attempt

PARIS — Tensions in the heated French grocery market rose to new levels Monday, with Carrefour SA issuing a terse denial that it had approached domestic rival Groupe Casino with an eye to a merger. 393 more words

Mergers And Acquisitions

EXCLUSIVE: Artémis Acquires Full Control of Courrèges

PARIS — As it prepares to relaunch under new management and a new designer, Courrèges also has a new owner: Artémis, French billionaire François Pinault’s family holding company, has acquired full ownership of the Space Age label, WWD has learned. 532 more words

Mergers And Acquisitions