Tapestry and Capri are combining in an $8.5 billion deal | CNN Business

[ad_1] New York CNN  —  Michael Kors and Kate Spade are about to become siblings. Tapestry Inc., which owns Kate Spade and Coach, announced Thursday that it’s acquiring Capri Holdings,…

Coach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion

[ad_1] A man rides a bicycle past a Gianni Versace store in Beijing, China. Nelson Ching | Bloomberg | Getty Images Tapestry, the fashion conglomerate behind Coach and Kate Spade,…

Coach Parent Tapestry Buying Capri, Owner of Michael Kors and Versace, in $8.5 Billion Deal

[ad_1] NEW YORK (AP) — 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…

Silvia Tcherassi Opens Store in Capri

[ad_1] MILAN — Capri is buzzing again with retail activity in the lead-up to the summer season. Following Saint Laurent’s revamp of its store at the resort destination and the…

Italy: Power outage reported across island of Capri as of late March 30

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Luxury brands diverge: Tapestry stock rises while Capri slides after earnings

[ad_1] Florida, Orlando Vineland Premium Outlets, Coach leather goods sign outside entrance. Jeff Greenberg | Universal Images Group | Getty Images Tapestry, the company behind Coach and Kate Spade, beat…

Michael Kors-owner Capri shares plunge after revenue falls across the retailer’s luxury brands

[ad_1] A general view outside of a Michael Kors location Christopher Jue | Michael Kors | Getty Images Shares of Michael Kors-owner Capri Holdings plunged 20% in early trading Wednesday…