Do Brands Need Chief Digital Officers?The role is changing as fashion companies break “digital” responsibilities out of their siloes, leading some to rethink the position.
A Playbook for Michael Kors, Versace and Jimmy ChooHow the American ‘accessible luxury’ group Tapestry can capitalise on its newly acquired brands and more from BoF’s Imran Amed.
Tapestry and Capri’s $8.5 Billion Mega-Merger, Explained By putting Coach, Michael Kors, Versace and other brands under one roof, the combined company instantly vaults to the top of US fashion groups and creates something genuinely new in the industry: an American accessible luxury giant.
Tapestry Is Acquiring Michael Kors, Versace and Jimmy Choo in $8.5 Billion DealThe parent company of Coach is taking control of the brands, owned by Capri Holdings, to add heft to its portfolio and better compete with Europe’s luxury heavyweights.