{"id":156439,"date":"2023-08-11T12:29:37","date_gmt":"2023-08-11T16:29:37","guid":{"rendered":"https:\/\/models.com\/oftheminute\/?p=156439"},"modified":"2023-08-11T13:07:16","modified_gmt":"2023-08-11T17:07:16","slug":"tapestry-acquires-capri-holdings-bella-hadid-opens-up-about-lyme-disease-and-more-news-you-missed","status":"publish","type":"post","link":"https:\/\/models.com\/oftheminute\/tapestry-acquires-capri-holdings-bella-hadid-opens-up-about-lyme-disease-and-more-news-you-missed\/","title":{"rendered":"Tapestry Acquires Capri Holdings, Bella Hadid Opens Up About Lyme Disease, and More News You Missed"},"content":{"rendered":"

Tapestry Acquires Capri Holdings <\/strong>
\nTapestry Inc is set to acquire Capri Holdings in a substantial $8.5 billion deal that could potentially change the US fashion space. This merger will combine Tapestry\u2019s brands \u2013 Coach<\/a>, Kate Spade<\/a>, and Stuart Weitzman<\/a> \u2013 with Capri\u2019s trio \u2013 Michael Kors<\/a>, Versace<\/a>, and Jimmy Choo<\/a>, creating a $12 billion conglomerate. Years in the making, this acquisition stands as a pivotal development, propelling the United States into comparable ranks alongside industry powerhouses such as LVMH and Kering. The deal holds the additional significance of elevating Tapestry into the realm of luxury alongside the likes of Versace and Jimmy Choo and expanding accessible price points, which is what Coach and Michael Kors concentrate on. [WWD<\/a>]<\/p>\n

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A post shared by Tapestry, Inc. (@tapestry)<\/a><\/p>\n<\/div>\n<\/blockquote>\n