The $8.5 billion deal raises big question about the future of luxury fashion. On August 10, 2023, Tapestry, a fashion company that owns Coach and Kate Spade, said it would buy Capri, the owner of brands Michael Kors, Versace, and Jimmy Choo, for $8.5 billion in cash. The deal is the latest in a series of recent high-value mergers in the luxury fashion space.

Topics:  on august   kate spade   capri   michael kors   versace   jimmy choo   read full story   tapestry   coach   owner   questions   raises   luxury fashion   deal   brands   billion   

 

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