Money

Coach owner Tapestry to acquire parent company of Michael Kors, Versace in $8.5 billion deal

Eric Lagatta, USA TODAYComments Off on Coach owner Tapestry to acquire parent company of Michael Kors, Versace in $8.5 billion deal

Tapestry's blockbuster acquisition of Capri Holdings unites six brands under one banner, positioning Tapestry to better compete with European rivals.

     
Eric Lagatta, USA TODAY
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