Why Jimmy Choo, Michael Kors, Versace, Kate Spade are suddenly one company
Publishing timestamp: 2023-11-02 13:44:32
Summary
The article discusses the trend of mergers and acquisitions in the fashion industry, with Tapestry, Inc. as the parent company of several designer brands. It highlights the reasons behind these mergers, such as the desire for growth and expanding customer bases. The article also mentions the influence of online shopping and social media on these consolidation efforts.
Sentiment: NEUTRAL
Keywords: politics, capri holdings ltd, tapestry inc, business news, lvmh moet hennessy louis vuitton se, fashion, michael kors, business, jimmy choo, markets, economy, u.s. economy,