Tapestry buys Capri Holdings: risks, challenges and advantages

Tapestry buys Capri Holdings: risks, challenges and advantages

August is rarely a news-filled month for the fashion industry, but this year it’s different. While a first shake-up was provided by Kering (on July 27th), which paid 1.7 billion euro for 30% of Valentino, August 10th was also an impressive day. Tapestry decided to resolve Capri Holdings’ competition with a simple approach: by acquiring…

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