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Tommy Hilfiger Founders Consider Investing In Michael Kors

Joel Horowitz and Tommy Hilfiger, who co-founded the American lifestyle label, are considering investing in US luxury womenswear and accessories business Michael Kors. Kors is looking to raise as much as US$500m to fund international expansion plans, and could sell up to 25% of the company. Hilfiger said: “For over 20 years, we’ve invested in things together. If they ask me, of course I’ll invest [in Kors].”
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