GBL had taken an initial 3 percent stake in the British brand in March and has also taken a stake in Adidas.
Kors had been in the running alongside Inter Parfums and CVC Capital Partners.
Their 7-year-old e-commerce company has grown 80 percent over this past calendar year, with monthly revenues in the seven-figure range.
Retailers from across the country reveal their most bankable styles.
VF Corp.’s revenues came out on top of market watchers’ estimates.
The kicks were originally created in 1988 by combining two different shoes.
People exposed to editorial content look at twice as many pages, have a better conversion rate and higher basket value, the retailer said.
The French leather specialist confirmed its “ambitious” revenue growth target as a strong performance in Asia boosted quarterly sales.
For the second consecutive quarter, sales hit $1 billion for the brand.
The direct-to-consumer men’s footwear label aims to court new customers with an in-store experience.