American fashion giant is formed after Tapestry buys Capri Holdings for $8.5bn

By A Mystery Man Writer

Tapestry, owner of Coach and Kate Spade, has made fashion headlines after purchasing rival conglomerate Capri Holdings

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Capri Holdings Limited - Tapestry, Inc. Announces Definitive Agreement to Acquire Capri Holdings Limited, Establishing a Powerful Global House of Iconic Luxury and Fashion Brands