Michael Kors to Acquire Versace for $2.12 Billion

| Daniela Forte

Michael Kors Holdings Limited announced that a definitive agreement has been made to acquire Gianni Versace S.p.A for a total of $2.12 billion (1.83 billion Euro). Here are some of the key initiatives this acquisition will bring for both luxury brands.

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Adobe Acquires Magento Commerce

| Daniela Forte

Adobe announced plans to acquire Magento Commerce for $1.68 billion, integrating it into one platform for B2B and B2C customers globally. See how Magento will boost Adobe’s ecommerce capabilities and compliment its existing cloud platform.

Albertsons and Rite Aid to Merge

| Daniela Forte

Albertsons and Rite Aid plan to merge, with Rite Aid top executive John Standley as CEO and Albertsons chairman and CEO Bob Miller as chairman. Terms of the deal were not disclosed. See how the merger will expand Rite Aid’s omnichannel operations.

Kroger Reportedly Looking to Purchase Overstock.com

| Daniela Forte

Cinncinati-based grocery giant Kroger seems to be ecommerce window shopping as it eyes new acquisition target Overstock.com. See how this move – along with its reported interested in Box.com – could elevate Kroger’s game in ecommerce and online grocery against giants like Amazon, Walmart and Target.

Richemont Makes $3.3 Billion Bid for Yoox Net-a-Porter

| Daniela Forte

Swiss luxury group Richemont has made a $3.3 billion bid to acquire Yoox Net-a-Porter, in an effort to jump into the ecommerce ring. Richemont currently owns luxury brands IWC, Mont Blanc and Van Cleef & Arpels. Here is a look at the luxury retail market in ecommerce.

Camping World Holdings Inc. Acquires Erehwon Mountain Outfitter

| MCM staff

Camping World Holdings, Inc. a network of RV-centric and outdoor retail locations announced plans to purchase Erehwon Mountain Outfitter, a Midwest specialty retailer of outdoor gear and apparel. Here is how the acquisition between these two companies allows Camping World to further their commitment to omnichannel.

Camping World Acquires TheHouse.com

| MCM staff

Camping World Holdings, Inc., a network of RV-centric retail locations, announced plans to purchase TheHouse.com. See what Camping World and TheHouse.com executives had to say about the acquisition.

Michael Kors to Acquire Jimmy Choo for $1.3 Billion

| MCM staff

Michael Kors Holdings Limited, a global fashion luxury brand, announced that it has reached an agreement to acquire Jimmy Choo. Here are the details of the acquisition and what top executives from both companies had to say.