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Tapestry, Inc. is an American multinational fashion holding company. It is based in New York City and is the parent company of three major brands: Coach New York, Kate Spade New York and Stuart Weitzman. Originally named Coach, Inc., the business changed its name to Tapestry on October 31, 2017. [4]
With a major acquisition in August 2023, Tapestry set itself up to be the U.S.’s first real contender in the space. Home to Coach, Kate Spade New York, and Stuart Weitzman, it bought Capri ...
The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and Michael Kors shoes, handbags and accessories, with Tapestry, which ...
A luxury retailer announced on Monday it agreed to buy Kate Spade for $18.50 per share, for a total transaction value of $2.4 billion.
Kate Spade New York is an American fashion house founded in January 1993 by Kate and Andy Spade. [1] In 2017, the company was purchased by Tapestry, Inc. , formerly known as Coach, Inc. [ 2 ] [ 3 ] Business history
The combined Tapestry and Capri would employ roughly 33,000 people worldwide, the agency said. The two companies' brands cover a wide array of items from clothing to eyewear to shoes. Tapestry has been on an acquisition binge for the past several years, and already owns Kate Spade New York, Stuart Weitzman and Coach.
Tapestry Inc., which owns Kate Spade and Coach, announced Thursday that it’s acquiring Capri Holdings, the parent company of Michael Kors and Versace. The $8.5 billion deal could help them ...
Tapestry has been on an acquisition binge for the past several years, and already owns Kate Spade New York, Stuart Weitzman and Coach. Capri owns the Versace, Michael Kors and Jimmy Choo brands. Specifically, Tapestry’s Coach and Kate Spade brands and Capri’s Michael Kors brand are close rivals in the handbag market.