Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal - BNN Bloomberg
By A Mystery Man Writer
Description
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri Holdings Ltd. in an $8.5 billion deal that shows the wave of consolidation in the luxury-goods sector is far from finished.
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Coach owner to buy Michael Kors parent in $8.5-bn deal
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