Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion deal
FILE - This photo shows a Coach retail shop at the Citadel Outlets in Commerce, Calif., on May 3, 2019. Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings. The approximately $8.5 billion deal puts Tapestry in a better position to take on its big European fashion rivals. (AP Photo/Richard Vogel, File)
NEW YORK (AP) — Tapestry, the parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings.
Big fashion has been getting even bigger through a spate of acquisitions as U...
Support Local News
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
Daily Inter Lake - everything
Print delivery, e-edition and unlimited website access
- $26.24 per month
Daily Inter Lake - unlimited website access
- $9.95 per month