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US retailer Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 billion

US retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner.

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What's a Designer to Do When the First Lady Picks Him?

Melania Trump wore Michael Kors for last night's speech.