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Coach owner Tapestry to buy Versace, Michael Kors parent Capri in deal worth $8.5B

Por: Fox Business Business August 10, 2023

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Golf influencer and Instagram star, Bri Teresi, explains why she broke ties with Honey Birdette’s lingerie and will no longer promote its apparel on 'The Bottom Line.' Coach parent Tapestry announced Thursday it will buy Capri Holdings for $8.5 billion in cash to create a U.S. house that can compete with its larger contemporaries in Europe. Tapestry will pay Capri shareholders $57 per share, which is equal to a premium of roughly 59%... + full article



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