Tapesttry Game-Changing Strategy: Acquires Capri Holdings for $8.5 Billion
In a major development within the luxury fashion realm, Tapesttry, the parent company of Coach, is poised to acquire Capri Holdings, the mastermind behind renowned brands like Michael Kors, in a groundbreaking deal worth $8.5 billion. Anticipated to finalize in the latter half of 2023, this strategic move is set to pave the way for…