Coach fashion house Tapestry buys Michael Kors parent Capri Holdings for $8.5B

By A Mystery Man Writer

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.

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Tapestry acquires Capri Holdings in a $8.5B merger that will rival LVMH, increase presence in China

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Tapestry To Acquire Versace, Jimmy Choo in $8.5B USD Deal

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