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Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at .5 billion, creating a U.S. fashion powerhouse to challenge . Tapestry shocked Wall Street on Thursday by announcing it will spend a share to buy rival Capri Holdings (CPRI) for a total enterprise value of .5 billion. The transaction . Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for .

The American brands, especially Michael Kors, have grown in an important measure by creating lower-priced products and expanding to new .

Coach owner Tapestry will buy Capri Holdings, the parent company of famous brands Michael Kors, Jimmy Choo and Versace, in a multi-billion dollar blockbuster deal representing a momentous.

Tapestry, Inc. the holding company created after Coach bought Stuart Weitzman and Kate Spade New York in 2015 and 2017, respectively, said Wednesday it will buy Capri—owner of Versace, Jimmy Choo, and Michael . On Thursday, it dished out .5 billion to buy Capri, the owner of fashion brands Versace, Michael Kors, and Jimmy Choo. The goal is to create “a new powerful global luxury . Tapestry, the company that owns Coach, Kate Spade and Stuart Weitzman, is acquiring major luxury group Capri Holdings, the parent company of Versace, Jimmy Choo .

Tapestry Inc., which owns Kate Spade and Coach, announced Thursday that it’s acquiring Capri Holdings, the parent company of Michael Kors and Versace. The .5 billion .

Key Facts. Tapestry, Inc. the holding company created after Coach bought Stuart Weitzman and Kate Spade New York in 2015 and 2017, respectively, said Wednesday it will buy Capri—owner of Versace,.Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at .5 billion, creating a U.S. fashion powerhouse to challenge larger.

Tapestry shocked Wall Street on Thursday by announcing it will spend a share to buy rival Capri Holdings (CPRI) for a total enterprise value of .5 billion. The transaction will see Tapestry. Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about .5 billion in cash, as. The American brands, especially Michael Kors, have grown in an important measure by creating lower-priced products and expanding to new audiences that can’t afford their highest-price products. Coach owner Tapestry will buy Capri Holdings, the parent company of famous brands Michael Kors, Jimmy Choo and Versace, in a multi-billion dollar blockbuster deal representing a momentous.

Tapestry, Inc. the holding company created after Coach bought Stuart Weitzman and Kate Spade New York in 2015 and 2017, respectively, said Wednesday it will buy Capri—owner of Versace, Jimmy Choo, and Michael Kors—to create a single conglomerate that combined generates US billion in annual sales. On Thursday, it dished out .5 billion to buy Capri, the owner of fashion brands Versace, Michael Kors, and Jimmy Choo. The goal is to create “a new powerful global luxury house,” Tapestry .

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Tapestry, 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. Tapestry Inc., which owns Kate Spade and Coach, announced Thursday that it’s acquiring Capri Holdings, the parent company of Michael Kors and Versace. The .5 billion deal could help them . Key Facts. Tapestry, Inc. the holding company created after Coach bought Stuart Weitzman and Kate Spade New York in 2015 and 2017, respectively, said Wednesday it will buy Capri—owner of Versace,.Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at .5 billion, creating a U.S. fashion powerhouse to challenge larger.

Tapestry shocked Wall Street on Thursday by announcing it will spend a share to buy rival Capri Holdings (CPRI) for a total enterprise value of .5 billion. The transaction will see Tapestry.

Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about .5 billion in cash, as. The American brands, especially Michael Kors, have grown in an important measure by creating lower-priced products and expanding to new audiences that can’t afford their highest-price products. Coach owner Tapestry will buy Capri Holdings, the parent company of famous brands Michael Kors, Jimmy Choo and Versace, in a multi-billion dollar blockbuster deal representing a momentous. Tapestry, Inc. the holding company created after Coach bought Stuart Weitzman and Kate Spade New York in 2015 and 2017, respectively, said Wednesday it will buy Capri—owner of Versace, Jimmy Choo, and Michael Kors—to create a single conglomerate that combined generates US billion in annual sales.

On Thursday, it dished out .5 billion to buy Capri, the owner of fashion brands Versace, Michael Kors, and Jimmy Choo. The goal is to create “a new powerful global luxury house,” Tapestry . Tapestry, 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.

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