Tapestry's $8.5 Billion Deal Boosts its Position in European Fashion Market

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion deal

Big fashion has been getting even bigger through a spate of acquisitions as U.S. players seek more sway in Europe. The approximately $8.5 billion deal puts Tapestry in a better position to do just that in going-to-toe with rivals like LVMH and Kering.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.

Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.Subscribe now to read the latest news in your city and across Canada.Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in AU

Australia Australia Latest News, Australia Australia Headlines