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.
Blackstone also declined comment according to Reuters.
It is unclear whether the Versace family, which has controlled the brand for decades, would remain as minority shareholders in the business or if Donatella Versace would stay on as creative director.
Michael Kors has been looking to bolster its group of luxury retailers against rivals such as Louis Vuitton owner LVMH (LVMHF) and Tapestry, the parent of Coach and Kate Spade.
Italian fashion giant Versace is about to be sold, the country's biggest-selling newspaper said Monday, citing anonymous sources who suggested the deal could come in the next few hours. Two of the three sources who spoke to Reuters said the company had agreed to pay a large premium for Versace, known for its Medusa head logo.
"They gradually persuaded the family to look into a possible sale and introduced them to a series of buyers, including Michael Kors", the person added.
Michael Kors and private equity firm Blackstone, which owns 20% of Versace, did not immediately respond to a request for comment.
The teenager flew home to Manado on 8 September, accompanied by consulate officials, and is reportedly in good health. When it did not rain for days, he said he "had to soak my clothes in the sea, then I squeezed and drank the water".
A search of the girl's cellphone uncovered messages to the site as well as links to messages from "Sanjuro", police said. Shortly after Wilson posted the blueprints online in 2013, the Obama administration ordered him to take them down.
The automaker offered diesel versions of some of its four-door models, but the company has stuck to gasoline for its sports cars. Porsche is understood to be developing a fully-electric luxury vehicle , with a multi-billion euro investment.
Trump slapped tariffs on $200 billion worth of imports from China and threatened more if Beijing retaliated. The lower Chinese figure highlights Beijing's inability to match the USA dollar-for-dollar in a tariff war.
The device will be powered by the Qualcomm Snapdragon 845 SoC, and will come with up to 8GB of RAM, and 256GB of internal storage. Recently, the OnePlus 6 got Android Pie update, so the OnePlus 6T will come with Android 9.0 Pie operating system out-of-the-box.
The New Yorker said 53-year-old Deborah Ramirez described the incident in an interview after being contacted by the magazine. Vice President Mike Pence calls Supreme Court nominee Brett Kavanaugh "a man of integrity with impeccable credentials".
The vote results show that the opposition coalition candidate beat President Abdulla Yameen by around 16 points. Abdul Rasheed Husain, 46, said in Male he cast his ballot for Yameen to take the Maldives "to the next level".
The group's leader, Hamad Mola Misi, was shot and killed in front of his home in The Hague in the Netherlands previous year . Iran's state-run IRNA news agency says 20 people have been wounded in an attack on military parade in Ahvaz.
Ford is not on trial, rather Judge Kavanaugh is seeking a lifetime appointment to the Supreme Court", said Sen. On Friday, Grassley turned down Ford's request that only senators, not attorneys, be allowed to ask questions.
Amazon Announces a Gaggle of New, Next-Gen Echo Devices
The device can be used to control third-party apps such as Spotify, Sirius XM, Google Maps, Apple Maps, and Waze, among others. The amplifier and subwoofer also will bring stereo pairing capabilities that have thus far been absent from Echo gadgets.
Ace Attorney Trilogy Bundle Announced
The quirky legal game series was just announced for Xbox One as Phoenix Wright: Ace Attorney Trilogy . It will include both English and Japanese language settings and offer up to 10 save slots.
Brett Kavanaugh: Second allegation made against court nominee
Kavanaugh's other accuser, meanwhile, said Sunday that she is "committed" to appearing before an open Senate hearing Thursday. Kavanaugh also has agreed to testify at the Senate Judiciary Committee hearing planned for 10am (1400 GMT) on Thursday.
Walmart warns Trump tariffs may force price hikes
Trade Representative's office has received 6,000 written comments, mostly in oppositions, since announced his tariff plans. The Trump administration has increased import tariffs on several products coming from China, making the goods expensive.
Diablo animated series reportedly coming to Netflix
Cosby announced that he was in the running to pen the animated series, which has been rumored to be in development for some time. Studios founder Andy Cosby, which was reported on by Variety , an animated Diablo series is in development for Netflix .
US seeks to curtail green cards for immigrants on public aid
According to US Citizenship and Immigration Services, in all 306,400 primary Indian applicants are waiting for their green cards. Department of Homeland Security Secretary Kirstjen Nielsen said the department is welcoming public comment on the proposal.