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Michael Kors’ acquisition of Versace causes fashion fans to break down

The deal left some people confused

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Versace storefront. (Photo via Wikimedia Commons)

Clothing and accessories brand Michael Kors announced it is buying luxury brand Versace, which was founded by Gianni Versace in 1978, for approximately $2.12 billion on Tuesday.

The announcement came as a shock for Versace fans who felt the two brands were radically different. Michael Kors is an American fashion house known for its affordability in its handbags, jewelry, watches and sportswear. Meanwhile, Versace is an Italian fashion house with high-end, luxury items.

Kors is expected to open 100 new Versace stores and hopes to build Versace’s online shopping presence. There will also be more focus on selling shoes and accessories.

“It has been more than 20 years since I took over the company along with my brother Santo and daughter Allegra,” Donatella Versace said in a press release. “I am proud that Versace remains very strong in both fashion and modern culture.”

Michael Kors Holdings Limited will change its name to Capri Holdings Limited. The Versace family will receive an estimated $177 million in the new company.

Donatella Versace will still be on board as creative director. However, Versace fans were devastated by the news.

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Sports

Jason Collins dies at 47

First openly gay man to actively play for major sports team battled brain cancer

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Jason Collins (Washington Blade file photo by Michael Key)

Jason Collins, the first openly gay man to actively play for a major professional sports team, died on Tuesday after a battle with brain cancer. He was 47.

The California native had briefly played for the Washington Wizards in 2013 before coming out in a Sports Illustrated op-ed.

Collins in 2014 became the first openly gay man to play in a game for a major American professional sports league when he played 11 minutes during a Brooklyn Nets game. He wore jersey number 98 in honor of Matthew Shepard, a gay college student murdered outside of Laramie, Wyo., in 1998.

Collins told the Washington Blade in 2014 that his life was “exponentially better” since he came out. Collins the same year retired from the National Basketball Association after 13 seasons.

Collins married his husband, Brunson Green, in May 2025.

The NBA last September announced Collins had begun treatment for a brain tumor. Collins on Dec. 11, 2025, announced he had Stage 4 glioblastoma.

“We are heartbroken to share that Jason Collins, our beloved husband, son, brother and uncle, has died after a valiant fight with glioblastoma,” said Collins’s family in a statement the NBA released. “Jason changed lives in unexpected ways and was an inspiration to all who knew him and to those who admired him from afar.  We are grateful for the outpouring of love and prayers over the past eight months and for the exceptional medical care Jason received from his doctors and nurses. Our family will miss him dearly.”

NBA Commissioner Adam Silver said Collins’s “impact and influence extended far beyond basketball as he helped make the NBA, WNBA, and larger sports community more inclusive and welcoming for future generations.”  

“He exemplified outstanding leadership and professionalism throughout his 13-year NBA career and in his dedicated work as an NBA Cares Ambassador,” said Silver. “Jason will be remembered not only for breaking barriers, but also for the kindness and humanity that defined his life and touched so many others.”

“To call Jason Collins a groundbreaking figure for our community is simply inadequate. We truly lost a giant today,” added Human Rights Campaign President Kelley Robinson in a statement. “He came out as gay — while still playing — at a time when men’s athletes simply did not do that. But as he powerfully demonstrated in his final years in the league and his post-NBA career, stepping forward as he did boldly changed the conversation.”

“He was and will always be a legend for the LGBTQ+ community, and we are heartbroken to hear of his passing at the young age of 47,” she said. “Our hearts go out to his family and loved ones. We will keep fighting on in his honor until the day everyone can be who they are on their terms.”

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PHOTOS: ‘Studio 69’

Glitterati Productions hold party at Bunker

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'Studio 69' was held at Bunker on Friday. (Washington Blade photo by Michael Key)

Glitterati Productions held the “Studio 69” party at Bunker on Friday, May 8.

(Washington Blade photos by Michael Key)

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Arts & Entertainment

Washington Blade’s Pride on the Pier returns June 13 to kick off D.C. Pride week

Pride on the Pier officially launches Pride Week in D.C.

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The Washington Blade’s annual Pride on the Pier celebration returns to The Wharf on Saturday, June 13, 2026 from 4-9 p.m., bringing thousands of LGBTQ community members and allies together for an unforgettable waterfront celebration to kick off Pride week in Washington, D.C.

Now in its eighth year, Washington Blade Pride on the Pier extends the city’s annual celebration of LGBTQ visibility to the bustling Wharf waterfront with an exciting array of activities and entertainment for all ages. The District Pier will offer DJs, dancing, drag, and other entertainment. Alcoholic beverages will be available for purchase for those 21 and older.

“Pride on the Pier has become one of the signature moments of Pride in D.C.,” said Lynne Brown, publisher of the Washington Blade. “There’s nothing like watching our community come together on the waterfront with live music and incredible energy as we kick off Pride week.”

Pride on the Pier is free and open to the public, with VIP tickets available for exclusive pier access to the Dockmaster Building. To purchase VIP tickets visit www.prideonthepierdc.com/vip

Additional entertainment announcements, sponsor activations, and event details will be released in the coming weeks.

Event Details:

📍 Location: District Pier at The Wharf (101 District Sq SW, Washington, DC)
📅 Dates: Friday, 13, 2026 

⏱️ 4-9PM
🎟️ VIP Tickets: www.PrideOnThePierDC.com/VIP

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