{"id":85568,"date":"2023-08-11T01:43:12","date_gmt":"2023-08-11T05:43:12","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85568"},"modified":"2023-08-11T01:40:07","modified_gmt":"2023-08-11T05:40:07","slug":"coach-owner-tapestry-to-acquire-michael-kors-jimmy-choo-parent-capri-holdings-for-8-5-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2023\/coach-owner-tapestry-to-acquire-michael-kors-jimmy-choo-parent-capri-holdings-for-8-5-billion.html","title":{"rendered":"Coach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/TPR\/\">Tapestry<\/a>, the fashion conglomerate behind Coach and Kate Spade, will acquire competitor <a href=\"https:\/\/www.cnbc.com\/quotes\/CPRI\/\">Capri Holdings<\/a> in a $8.5 billion deal announced Thursday.\u00a0 The transaction will create an American fashion giant that \u2014 while still not quite as large as its European competitors \u2014 will be better positioned to compete in the luxury market.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/08\/10\/coach-owner-tapestry-to-acquire-capri-holdings-in-8point5-billion-deal.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Tapestry, the fashion conglomerate behind Coach and Kate Spade, will acquire competitor Capri Holdings in a $8.5 billion deal announced Thursday.\u00a0 The transaction will create an American fashion giant that \u2014 while still not quite as large as its [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85568","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85568"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85568\/revisions"}],"predecessor-version":[{"id":85569,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85568\/revisions\/85569"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}