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Image source: Getty Images. Tapestry. The government's blocking of the deal with Capri could be the best thing for Tapestry. The company will have to pay Capri up to $50 million if the deal is ...
The latest luxury fashion M&A deal drew a mixed response from pros on Wall Street and in the industry.
Now Michael Kors' owner Capri has to figure out how to survive without the Tapestry deal. ... since the mid-2000s died today after two major luxury brands confirmed that their $8.5 billion deal is ...
Capri is the parent company of Kors' eponymous brand, as well as Versace and Jimmy Choo. Tapestry, owner of Coach New York and Kate Spade, offered to buy Capri for $8.5 billion in 2023, [7] [8] but called off the acquisition after it was blocked by a federal judge the following year. [9]
John D. Idol (born 1958/1959) is an American businessman, and the chairman and CEO of Capri Holdings (formerly Michael Kors Holdings). He has been the CEO since 2003, and the chairman since 2011. He has been the CEO since 2003, and the chairman since 2011.
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MILAN (Reuters) -Italy's Prada is among the potential suitors looking at fashion group Versace which Capri Holdings has put up for sale, daily Il Sole 24 ore reported on Friday. In November, Coach ...
Capri was married and divorced twice, to Barbara Cappinger and April Rand; he had a son. [ 2 ] [ 5 ] At the time of his death, he was in a relationship with Alison Kaplan, his agent. [ 2 ] Capri died from an aortic dissection at his home in Boca Raton, Florida , on December 26, 2024, at the age of 93.