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The luxury conglomerate behind Coach, Kate Spade and Stuart Weitzman is growing by three more brands with the .5 billion purchase of Michael Kors-founded Capri .
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Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for . The luxury conglomerate behind Coach, Kate Spade and Stuart Weitzman is growing by three more brands with the .5 billion purchase of Michael Kors-founded Capri Holdings Limited, merging two.
Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about .5 billion in cash, as. Tapestry shocked Wall Street on Thursday by announcing it will spend a share to buy rival Capri Holdings (CPRI) for a total enterprise value of .5 billion. The transaction will see Tapestry.Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at .5 billion, creating a U.S. fashion powerhouse to challenge larger.
The deal would create an American fashion giant that brings Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo and Michael Kors under one house.
Tapestry Inc., which owns Kate Spade and Coach, announced Thursday that it’s acquiring Capri Holdings, the parent company of Michael Kors and Versace. The Michael Kors and Versace brands may soon have a new owner. getty. Tapestry, the owner of the Coach, Kate Spade and Stuart Weitzman brands, is in talks to take over Capri Holdings, the owner.
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Tapestry, the company that owns Coach, Kate Spade and Stuart Weitzman, is acquiring major luxury group Capri Holdings, the parent company of Versace, Jimmy Choo and Michael Kors.
Coach owner Tapestry will buy Capri Holdings, the parent company of famous brands Michael Kors, Jimmy Choo and Versace, in a multi-billion dollar blockbuster deal representing a momentous shift.
Tapestry, Inc. the holding company created after Coach bought Stuart Weitzman and Kate Spade New York in 2015 and 2017, respectively, said Wednesday it will buy Capri—owner of Versace, Jimmy Choo, and Michael Kors—to create a single conglomerate that combined generates US billion in annual sales. The luxury conglomerate behind Coach, Kate Spade and Stuart Weitzman is growing by three more brands with the .5 billion purchase of Michael Kors-founded Capri Holdings Limited, merging two.
Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about .5 billion in cash, as. Tapestry shocked Wall Street on Thursday by announcing it will spend a share to buy rival Capri Holdings (CPRI) for a total enterprise value of .5 billion. The transaction will see Tapestry.
Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at .5 billion, creating a U.S. fashion powerhouse to challenge larger. The deal would create an American fashion giant that brings Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo and Michael Kors under one house. Tapestry Inc., which owns Kate Spade and Coach, announced Thursday that it’s acquiring Capri Holdings, the parent company of Michael Kors and Versace.
The Michael Kors and Versace brands may soon have a new owner. getty. Tapestry, the owner of the Coach, Kate Spade and Stuart Weitzman brands, is in talks to take over Capri Holdings, the owner. Tapestry, the company that owns Coach, Kate Spade and Stuart Weitzman, is acquiring major luxury group Capri Holdings, the parent company of Versace, Jimmy Choo and Michael Kors. Coach owner Tapestry will buy Capri Holdings, the parent company of famous brands Michael Kors, Jimmy Choo and Versace, in a multi-billion dollar blockbuster deal representing a momentous shift.
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