versace lvmh - versace vs lvmh : 2024-10-30 versace lvmh On Thursday, it dished out $8.5 billion to buy Capri, the owner of fashion brands Versace, Michael Kors, and Jimmy Choo. The goal is to create “a new powerful .
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versace lvmh What will happen to a combination of Tapestry and Capri and all those high-end brands? Will they be able to build all their brands, as LVMH and Kering have? Versace’s parent company has announced it’s being bought by the luxury goods group Tapestry. In a new deal worth $8.5 billion (approximately €7.75bn), Capri Holdings is being taken over by. The latest megadeal aims to give Tapestry a competitive edge against major European luxury goods conglomerates like Kering and LVMH Moët Hennessy Louis . US luxury goods group Tapestry has agreed to buy Versace and Michael Kors-owner Capri Holdings for $8.5bn, in one of the biggest attempts to create a US rival to the European powerhouses LVMH.
versace lvmh On Thursday, it dished out $8.5 billion to buy Capri, the owner of fashion brands Versace, Michael Kors, and Jimmy Choo. The goal is to create “a new powerful . NEW YORK, United States — Will America ever build its own LVMH? It's a question that has been debated for years, as hopefuls have tried time and again to gather together a group of brands with the . In the Americas, the company will become the second largest luxury player behind LVMH, with a combined share of 6% of the luxury goods market, GlobalData said. Tapestry, the owner behind brands like Coach, Kate Spade and Stuart Weitzman, has just announced that it’s acquiring Michael Kors’ parent company Capri for US$8.5 billion in an all-cash deal. Tapestry Inc., the company that owns Coach, Kate Spade and Stuart Weitzman, is acquiring major luxury group Capri Holdings, the parent company of .
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versace lvmh