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Apparel and accessories

Michael Kors’ Jimmy Choo acquisition could signal first US luxury conglomerate

July 26, 2017

The acquisition of Jimmy Choo could mean Michael Kors is looking to create an American counterpart to European luxury conglomerates. Image credit: Jimmy Choo

 

By Danny Parisi

With its acquisition of British shoe designer Jimmy Choo, Michael Kors may be on track to become the first big United States-based luxury group to rival the European conglomerates that dominate the industry.

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