Tapestry Inc., the owner of U.S. lifestyle fashion brand Coach, announced a $8.5 billion takeover of luxury fashion house Capri Holdings, which counts Versace, Jimmy Choo and Michael Kors among its stable.
Tapestry acquires Capri Holdings in a $8.5B merger that will rival LVMH, increase presence in China
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Capri Holdings Limited - Tapestry, Inc. Announces Definitive Agreement to Acquire Capri Holdings Limited, Establishing a Powerful Global House of Iconic Luxury and Fashion Brands
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