Accessory design giant Michael Kors on Tuesday purchased Italian luxury brand Versace for $2.1 billion, reports The Washington Post, and some Versace fans are not happy.
The luxury brand, founded by Gianni Versace in 1978 and currently helmed by his sister Donatella, sells high-end goods that often sell for five times as much as Michael Kors' sportswear items, says The Associated Press. When rumors of the sale began to swirl, Versace loyalists revolted, saying Kors would "ruin" or "kill" the brand. Some begged the brand to reconsider, writing, "think about what Gianni would want, Donatella ... please."
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