CoStar: Tapestry To Nearly Double Its Store Footprint With $8.5 Billion Michael Kors, Versace Acquisition
Aug 10 2023
Coach’s parent Tapestry will nearly double its brick-and-mortar footprint, to roughly 2,700 stores, when it acquires Capri Holdings — the owner of Michael Kors and several other brands — in an $8.5 billion deal as it competes with Europe’s luxury-goods juggernauts.
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