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$8.5 billion acquisition puts fashion giants Versace, Coach and Michael Kors under one company

Por: CBS News Nation August 11, 2023

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Tapestry Inc., 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, it Thursday.The $8.5 billion deal brings together six of the largest designer brands in the world, with a presence in over 75 countries. The combination of Coach, Kate Spade, and Stuart Weitzman together with Versace, Jimmy Choo, and Michael Kors creates a new... + full article



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