It ain't fashion, if it ain't sustainable

Acquisition

Luxury Markets / Acquisition

14 August 2023

2 minutes

A shot from a recent Versace campaign. The combination of Coach, Kate Spade, and Stuart Weitzman together with Versace, Jimmy Choo, and Michael Kors has created a new powerful global luxury house.

Tapestry Acquires House of Versace, Jimmy Choo and Michael Kors for $8.5 billion

The world is set to gets its fourth largest luxury conglomerate as the Coach parent company Tapestry buys out Capri Holdings for $8.5 billion (7.7 billion euro) and with it the iconic Versace, Jimmy Choo and Michael Kors.

By

Staff Writer

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