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Big fashion is getting bigger. Parent of Coach will buy Versace

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Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings.

Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion deal

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Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion deal - Newsday

Coach parent buys Versace and Michael Kors owner for $8.5 billion as U.S. big fashion races to catch up with billionaire Bernard Arnault's European luxury giant LVMH

Why Coach's owner is buying Versace's parent company: Tapestry, also behind Kate Spade, has acquired Capri for US$8.5 billion, adding Jimmy Choo and Michael Kors to its luxury fashion portfolio