Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal - BNN Bloomberg
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Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri Holdings Ltd. in an $8.5 billion deal that shows the wave of consolidation in the luxury-goods sector is far from finished.
Coach owner Tapestry to buy Versace, Michael Kors parent Capri in
Michael Kors is now a billionaire
Bloomberg Businessweek
Coach owner to buy Michael Kors parent in $8.5-bn deal
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Michael Kors Is Now a Billionaire
