America’s New Fashion Powerhouse Is Still Dwarfed by Europe’s Luxury Giants
Wall Street Journal
Tapestry’s $8.5 billion acquisition of Capri would create a conglomerate with more than $12 billion in annual sales, but it would still lack the high-wattage labels and diversity that have fueled LVMH’s success.
https://www.wsj.com/articles/luxury-fashion-coach-kors-merger-tapestry-capri-782a4054