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What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands confirmed that their $8.5 billion deal is off.
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]
Jimmy Choo, known for women's footwear, was Capri's best-performing brand, but sales were down 5.5%. The company saw positive sales in the U.S., but Asia was a weak spot, with revenue down 17%.
In fact, today’s 40- and 50-something women do look and feel different from their mothers at the same age. Old ideas about this life stage are undergoing something of a rebrand.
Polar vortex headed for US will bring ‘exceptionally cold’ temps in the new year: ‘Weather models are screaming’ Alex Oliveira December 30, 2024 at 5:14 PM
Buy It. 4. Style the Capri with a Top That Falls Right at the Waistline. ... 7 best hair colors for women over 50, according to a celebrity stylist ... Fox Weather. Parade of winter storms to ...
Overall, the weather service said that as much as 2 additional feet of new snow is possible near the eastern shore of Lake Ontario through Saturday. Lighter snowfall amounts are expected elsewhere ...
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