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Coach, Versace Among 6 Top Brands Uniting In $8.5B Deal

By Al Barbarino (August 10, 2023, 10:39 AM EDT) -- Coach and Kate Spade parent company Tapestry Inc. will purchase Capri Holdings Ltd., owner of designer brands Versace and Jimmy Choo, in a deal that values Capri at $8.5 billion, including debt, according to a statement Thursday that sent Capri's stock soaring about 56%....

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