That's Right, Michael Kors Is Buying Versace

That's Right, Michael Kors Is Buying Versace

For a whopping $2.12 billion, mind you.


Last week, Michael Kors announced that they will be buying Versace for $2.12 billion. This will take place in early 2019. There has been so many mixed emotions about Michael Kors acquiring Versace. Some people think Michael Kors is a tacky designer, and isn't worthy of acquiring something so high end like Versace. A lot of people were complaining on twitter saying that Donatella shouldn't have sold her iconic brand to an American. I personally think Michael Kors buying Versace is a great thing for the future of Versace.

We see that Michael Kors stores are located anywhere and everywhere from a mall to an outlet, no matter the city. Versace stores are placed in specific wealthy areas. The prices of the two companies are completely different, and even though Versace products costs more, they don't do well financially, which is why they don't really post their financial results. Their operating costs are extremely high, and not enough people are buying their products, despite their efforts of trying to grow sales in many parts of the world.

Even though Michael Kors is seen as an "affordable luxury" brand, they do pretty well financially, and they actually have money on hand. To buy Versace, they're using some cash and the rest will be bank loans. Their revenue and operating costs ar good. Michael Kors knows how to run a company efficiently and effectively. Whenever you look around, you probably see a lot of people with a Michael Kors bag, and that speaks volume.

I think the acquisition of Versace will grow Versace as a company. Their sales will increase, and we will see Versace stores in more normal places like non wealthy areas, and many malls and outlets. Michael Kors wants to diversify Versace's customer portfolio, and I'm sure they will achieve that by doing great marketing. I'm excited to see how the acquisition turns out!

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20 Small Tattoos With Big Meanings

Tattoos with meaning you can't deny.

It's tough to find perfect tattoos with meaning.

You probably want something permanent on your body to mean something deeply, but how do you choose a tattoo that will still be significant in 5, 10, 15, or 50 years? Over time, tattoos have lost much of their stigma and many people consider them a form of art, but it's still possible to get a tattoo you regret.

So here are 20 tattoos you can't go wrong with. Each tattoo has its own unique meaning, but don't blame me if you still have to deal with questions that everyone with a tattoo is tired of hearing!

SEE RELATED: "Please Stop Asking What My Tattoos Mean"

1. A semicolon indicates a pause in a sentence but does not end. Sometimes it seems like you may have stopped, but you choose to continue on.

2. "A smooth sea never made a skilled sailor."

3. Top symbol: unclosed delta symbol which represents open to change. Bottom symbol: strategy.

4. "There are nights when the wolves are silent and only the moon howls."

5. Viking symbol meaning "create your own reality."

6. Greek symbol of Inguz: Where there's a will, there's a way.

7. Psalm 18:33 "He makes my feet like the feet of a deer; he causes me to stand on the heights."

8. 'Ohm' tattoo that represents 4 different states of consciousness and a world of illusion: waking (jagrat), dreaming (swapna), deep sleep (sushupti), transcendental state (turiya) and world of illusion (maya).

9. Alchemy: symbolizes copper, means love, balance, feminine beauty, and artistic creativity.

10. The Greek word “Meraki" means to do something with soul, passion, love, and creativity or to put yourself into whatever you do.

11. Malin (Skövde, Sweden) – you have to face setbacks to be able to go forward.

12. Symbol meaning "thief" from "The Hobbit." It was the rune Gandalf etched into Bilbo's door so the dwarves could find his house.

13. “Lux in tenebris" means “light in darkness."

14. Anchor Tattoo: symbolizing strength and stability, something (or someone) who holds you in place, and provides you the strength to hold on no matter how rough things get.

15."Ad Maiora" is translated literally as “Towards greater things." It is a formula of greeting used to wish more success in life, career or love.

16. A glyph means “explore." It was meant as a reminder for me to never stop exploring.

17. "Aut inveniam viam aut faciam," meaning roughly, "Either I shall find a way, or I will make one."

18. Lotus Flower. It grows in muddy water, and it is this environment that gives forth the flower's first and most literal meaning: rising and blooming above the murk to achieve enlightenment.

19. The zen (or ensō) circle to me represents enlightenment, the universe and the strength we all have inside of us.

20. Two meanings. The moon affirms life. It looks as if it is constantly changing. Can remind us of the inconsistency of life. It also symbolizes the continuous circular nature of time and even karma.

SEE ALSO: Sorry That You're Offended, But I Won't Apologize For My Tattoos

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