Fashion companies Coach and Versace would merge in a $8.5 billion

$ 24.00

4.7 (255) In stock

The latest megadeal aims to give Tapestry a competitive edge against major European luxury goods conglomerates like Kering and LVMH Moët Hennessy Louis Vuitton.

Michael Kors to Buy Versace for $2.1 Billion in Bid to Expand - The New York Times

Coach parent company buying owner of Michael Kors, Versace for billions

Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion

Tapestry, Inc. Announces Definitive Agreement to Acquire Capri Holdings Limited, Establishing a Powerful Global House of Iconic Luxury and Fashion Brands

Tapestry: A Timeline Behind the Building of a Fashion Group

Tapestry-Capri deal is an attempt to expand scale for luxury brands: Analyst

Coach Owner Strikes $8.5 Billion Deal for Parent of Michael Kors, Versace - WSJ

Coach owner buys Versace parent company to create US luxury fashion giant

Michael Kors takes over luxury fashion icon Versace in US$2-billion deal - The Globe and Mail