As Coach Swallows Versace, A Crypto Divide Grows in Luxury Fashion

Tapestry, the New York-based fashion conglomerate that owns Coach and Kate Spade, among other brands, announced Thursday that it has agreed to acquire Capri Holdings—the parent company of Versace, Jimmy Choo, and Michael Kors—for roughly $8.5 billion. While the deal is only the latest merger of…#coach #katespade #capriholdings #versace #jimmychoo #michaelkors #louisvuitton #tiffany #balenciaga #yvesstlaurent
Source: Reuters: Health - Category: Consumer Health News Source Type: news