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This is the current news about lvmh versace|Versace latest news 

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The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn).

The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn). Capri Holdings, which also owns Michael Kors and .

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What will happen to a combination of Tapestry and Capri and all those high-end brands? Will they be able to build all their brands, as LVMH and Kering have? The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn).

The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn). Capri Holdings, which also owns Michael Kors and Jimmy Choo, is being taken over. What will happen to a combination of Tapestry and Capri and all those high-end brands? Will they be able to build all their brands, as LVMH and Kering have? The latest megadeal aims to give Tapestry a competitive edge against major European luxury goods conglomerates like Kering and LVMH Moët Hennessy Louis Vuitton.

US luxury goods group Tapestry has agreed to buy Versace and Michael Kors-owner Capri Holdings for .5bn, in one of the biggest attempts to create a US rival to the European powerhouses LVMH.

On Thursday, it dished out .5 billion to buy Capri, the owner of fashion brands Versace, Michael Kors, and Jimmy Choo. The goal is to create “a new powerful global luxury house,” Tapestry CEO. Versace’s parent company has announced it’s being bought by the luxury goods group Tapestry. In a new deal worth .5 billion (approximately €7.75bn), Capri Holdings is being taken over by.

Versace’s New Owner Plans to Build America’s Answer to LVMH. It Has a Long Way to Go. Capri chief John Idol reveals his strategy for the budding luxury group that owns Michael Kors, Versace and Jimmy Choo. Coach parent buys Versace and Michael Kors owner for .5 billion as U.S. big fashion races to catch up with billionaire Bernard Arnault’s European luxury giant LVMH. In the Americas, the company will become the second largest luxury player behind LVMH, with a combined share of 6% of the luxury goods market, GlobalData said.

The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn). The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth .5bn (£6.7bn). Capri Holdings, which also owns Michael Kors and Jimmy Choo, is being taken over. What will happen to a combination of Tapestry and Capri and all those high-end brands? Will they be able to build all their brands, as LVMH and Kering have?

The latest megadeal aims to give Tapestry a competitive edge against major European luxury goods conglomerates like Kering and LVMH Moët Hennessy Louis Vuitton. US luxury goods group Tapestry has agreed to buy Versace and Michael Kors-owner Capri Holdings for .5bn, in one of the biggest attempts to create a US rival to the European powerhouses LVMH. On Thursday, it dished out .5 billion to buy Capri, the owner of fashion brands Versace, Michael Kors, and Jimmy Choo. The goal is to create “a new powerful global luxury house,” Tapestry CEO. Versace’s parent company has announced it’s being bought by the luxury goods group Tapestry. In a new deal worth .5 billion (approximately €7.75bn), Capri Holdings is being taken over by.

Versace’s New Owner Plans to Build America’s Answer to LVMH. It Has a Long Way to Go. Capri chief John Idol reveals his strategy for the budding luxury group that owns Michael Kors, Versace and Jimmy Choo. Coach parent buys Versace and Michael Kors owner for .5 billion as U.S. big fashion races to catch up with billionaire Bernard Arnault’s European luxury giant LVMH.

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