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Designer Brand Michael Kors Is Buying Jimmy Choo

Attention fashionistas!! Two luxury designer brands you are familiar with will soon become one. Designer brand Michael Kors plans to pay $1.2 billion in cash for Jimmy Choo. In case you didn't know, Jimmy Choo was founded 20 years ago by the former Vogue accessories editor Tamara Mellon and designer Jimmy Choo. Any pair of…