FTC is preparing lawsuit to block Tapestry’s purchase of Capri

By Bloomberg Published Apr 17, 2024 US antitrust enforcers are preparing a lawsuit seeking to block fashion company Tapestry Inc.’s $8.5 billion planned takeover of Capri Holdings Ltd., according to a person with knowledge of the matter. Coach – SS24 – © Launchmetrics The Federal Trade Commission is expected to file a lawsuit as soon … Read more

Tapestry merger with Versace owner Capri gets EU, Japan approval

By Reuters API Published Apr 15, 2024 Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings has received regulatory clearance from the European Union and Japan, the companies said on Monday. The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and … Read more

Tapestry dives into hospitality for its Kate Spade and Coach brands

Once upon a time, fashion brands were meant to be experienced by wearing their offerings or perhaps via smell by wearing their fragrances. Today’s focus on brand experience is driving a new sense: taste. European luxury brands have primarily tapped into this space, with Hermès, Dior, Louis Vuitton, and Prada launching cafes in various global … Read more

Louis Vuitton totes and Dior micro bags can save luxury

By Bloomberg Published Apr 5, 2024 In 2007, Louis Vuitton introduced a new spacious bag in its trademark monogram. Meant as a seasonal beach carry-all, the Neverfull, as it was known, became an instant hit. Part of the appeal was that it was relatively affordable. I purchased one in 2010, and it cost around £600 ($760). Not cheap … Read more

Saks Fifth Avenue flagship appraised at $3.6 billion as it renews Neiman push

By Bloomberg Published Mar 29, 2024 The owners of Saks Fifth Avenue are in talks to raise financing to bolster the cash portion of an offer to buy competitor Neiman Marcus, according to people familiar with the matter, moving two of America’s biggest high-end department stores closer to a deal after years of on-and-off courtship … Read more

Jayson Tatum Tapped as Coach’s Latest Global Ambassador

Coach has tapped Boston Celtics forward Jayson Tatum as its latest global ambassador. The NBA All-Star, who also counts himself as an ambassador for the Jordan brand since 2019, is featured in Coach’s ongoing “Courage to Be Real” series. The global campaign launching Wednesday highlights Tatum in Coach’s spring 2024 watches and sunglasses collections. “This … Read more

Centric Brands inks joint venture with Jennifer Fisher

Centric Brands announced on Wednesday a joint venture with Jennifer Fisher, a New York-based jewelry designer and media personality, the former company’s second joint venture in its folio. Courtesy The new venture will leverage the expertise of both companies to expand the Jennifer Fisher brand into new categories, while accelerating domestic and international growth of … Read more

Coach opens first dining and hospitality experience in Indonesia

Coach officially ventured into the hospitality industry on Friday with the opening of The Coach Restaurant and Coach Coffee Shop at Grand Indonesia Mall. The Coach Coffee Shop. – Coach The restaurant and adjacent coffee shop represent the first of several dining destinations the brand plans to unveil in 2024 and beyond. The Coach Restaurant … Read more

Tapestry adds two new members to board

Tapestry Inc. announced on Thursday the appointment of Kevin Hourican and David Elkins to the fashion group’s board of directors, taking the total board count to eleven. See catwalkCoach – Fall-Winter2024 – 2025 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight Hourican currently serves as president and chief executive officer of Sysco Corporation, a role he … Read more

Interparfums sets its sights on China

Translated by Roberta HERRERA Published Feb 29, 2024 On Wednesday, February 28, the French specialist in licensed perfumes, Interparfums (known for its licenses with Montblanc, Lacoste, among other brands), presented its annual results at the Pavillon Gabriel in Paris. On this occasion, Renaud Boisson, CEO of Interparfums for the Asia-Pacific region, outlined the group’s strategic … Read more