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Michael Kors Camile Gen 6 starts at Rs 22,995. The smartwatch is available for purchase on select online and offline retail stores
The deal is expected to close in the fourth fiscal quarter, subject to regulatory approvals
The transaction would be intended to position Michael Kors more fully as a competitor to Paris-based LVMH and Kering and the Swiss company Richemont
A fashion school dropout, Kors has gone from success to bankruptcy and back
