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Tapestry and Capri Will Contest FTC’s Opposition to $8.5B Merger

Luxury brand powerhouses Tapestry and Capri Holdings plan to oppose the Federal Trade Commission (FTC) lawsuit that seeks to scuttle an acquisition…

Elton John Empties his Closet to Support AIDS Foundation with ‘Rocket Man Resale’ on Ebay

Elton John, known for his memorable fashion choices, is donating hundreds of items from his closet for an Ebay “Rocket Man Resale”…

FTC Looks to Block Tapestry’s $8.5 Billion Acquisition of Capri Holdings

Saying that Tapestry’s planned purchase of Capri Holdings would eliminate head-to-head competition in the “accessible luxury” handbag market, the Federal Trade Commission…

In Luxury Retail, Design Trends Point to Experience

What’s the most important aspect of luxury retail design today? If you said “mastering techniques to improve in-person experiential settings,” you’d be…

WSJ: Rolex to Buy Luxury Watch Retailer Bucherer

Rolex will purchase luxury watch and jewelry retailer Bucherer, which operates more than 100 stores globally, including 34 U.S. stores under the…

Coach Owner Tapestry Aims to Create ‘Powerful Global Luxury House’ with $8.5B Acquisition of Versace, Michael Kors Brands

Tapestry, the parent company of brands including Coach, Kate Spade and Stuart Weitzman, will acquire global fashion luxury group Capri Holdings, owner…

Saks Fifth Avenue Redesigns NYC Flagship’s Men’s Department, Expands Offerings

Saks Fifth Avenue has redesigned the seventh floor of its iconic New York City flagship store to house an expanded menswear assortment…

Capri Holdings Chairman/CEO Stays On, Michael Kors CEO to Depart

Global fashion luxury group Capri Holdings changed course this week as it announced the departure of Michael Kors CEO Joshua Schulman. The…

Michael Kors Rebrands As Capri Holdings In Wake Of Versace Acquisition

Michael Kors has agreed to acquire Versace for approximately $2.12 billion. The company will rename itself Capri Holdings Limited following the closing of…

Michael Kors Reportedly Set To Acquire Versace For $2 Billion

Michael Kors is nearing an agreement to acquire Versace, people familiar with the matter told Bloomberg. The deal, which values Versace at…

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