Acquiring Company
Capri Holdings Limited
Acquired Company
Tapestry
United Kingdom
New YorkSoftwareMobileE CommerceFashionRetailLifestyleFashionPublishingNewsDescription
The Federal Trade Commission has filed a lawsuit to block the $8.5 billion merger of luxury fashion conglomerates Tapestry and Capri Holdings, citing concerns about potential higher prices for U.S. consumers. The deal would combine Tapestry labels such as Coach, Kate Spade, and Stuart Weitzman with Capri’s Versace, Jimmy Choo, and Michael Kors, aiming to compete with European rivals LVMH and Kering.
Quick answer
Capri Holdings Limited is acquiring Tapestry, announced April 22, 2024. Capri Holdings Limited is based in United Kingdom.
- How much did Capri Holdings Limited pay for Tapestry?
- The deal value was not disclosed.
- What does Capri Holdings Limited do?
- Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors.
- Where are Capri Holdings Limited and Tapestry based?
- Capri Holdings Limited is based in United Kingdom. Tapestry is based in New York, New York, United States.
- Who are the decision-makers at Capri Holdings Limited?
- Fundz holds 1 contact at Capri Holdings Limited. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- JD Sports Fashion plc to acquire Hibbett, Inc. for $1.1 billion, $1.1B (April 23, 2024)
- Indo Count completes acquisition of WAMSUTTA to strengthen brand portfolio (April 19, 2024)
Who to call at Capri Holdings Limited, and when
When Capri Holdings Limited changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Capri Holdings Limited raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Capri Holdings Limited, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Tapestry?
Tapestry was acquired by Capri Holdings Limited, based in United Kingdom. The deal was reported on April 22, 2024. Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors. Capri Holdings Limited is publicly traded (CPRI) and operates in Software.
When did Capri Holdings Limited acquire Tapestry?
Capri Holdings Limited's acquisition of Tapestry was reported on April 22, 2024. The Federal Trade Commission has filed a lawsuit to block the $8.5 billion merger of luxury fashion conglomerates Tapestry and Capri Holdings, citing concerns about potential higher prices for U.S. consumers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Tapestry do?
Our global house of brands unites the magic of Coach, Kate Spade New York and Stuart Weitzman. It is publicly traded (TPR), operating in Fashion, and is based in New York.
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