Tapestry to Acquire Michael Kors’ Parent Company in $8.5 Billion Deal
Tapestry to Acquire Michael Kors’ Parent Company in $8.5 Billion Deal Tapestry Inc., the owner of Coach, Kate Spade, and Stuart Weitzman, has agreed to acquire Michael Kors’ parent company, Capri Holdings, in a deal valued at $8.5 billion. The deal, which is expected to close in the first half of 2024, will create a…