with contributions from Luisa Zargani, Evan Clark
 on September 25, 2018

Michael Kors Holdings Ltd. appears to be taking a major step to becoming a global luxury fashion group with its purported deal to buy Versace for about 2 billion euros. And if Kors follows its usual playbook, the focus in growing the iconic Italian brand will be on accessories.

The deal could close as early as today, sources said.

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