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

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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.

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