Versace fans are terrified that a $2 billion deal with Michael Kors will 'kill' the fashion brand. H

Michael Kors is buying Versace in a $2.12 billion deal, the companies announced on Tuesday. Many fans expressed concern that the deal would be the death of Versace's reputation as a prestigious luxury brand. The companies said changes are in the works, including opening roughly 100 Versace stores, doubling down on shoes and accessories, and building up online shopping. Michael Kors is buying Versace in a $2.12 billion deal. When news broke yesterday that the acquisition was near, many...