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Over 300 articles

United States
Capri-Tapestry merger: the hush-hush involvement of Chanel and LVMH

A merger between the two US luxury giants that has been blocked by the Federal Trade Commission has received behind-the-scenes backing from their main European competitors. LVMH and Chanel have a vested interest in getting involved, fearing that their own future acquisitions could also be opposed. [...]

Published on 05/09/2024 at 06:00 GMT Reading time 2 minutes

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Houses

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Anish Melwani
Capri Holdings
Chanel
Coach
Federal Trade Commission
Jennifer L. Rochon
Jimmy Choo
Latham & Watkins
LVMH
Ralph Lauren
Tapestry
Tiffany & Co
Versace

Spotlight | Italy, United States
The prospective bidders with Versace and Jimmy Choo on their Christmas wishlists

Capri Holdings' scuppered merger with Tapestry has prompted it to throw two iconic brands overboard as it urgently needs cash to get its sinking Michael Kors back on an even keel. Versace and Jimmy Choo's potential suitors should make themselves known before Christmas.

Subscribers only Houses 19.12.2024

United States
Capri left to navigate Michael Kors struggles alone after Tapestry acquisition fails

The US fashion holding company's thwarted merger leaves Capri to oversee Michael Kors on its own. Even Tapestry concedes that the brand is suffering from structural problems.

Free access Houses 28.11.2024

United States
Versace back on the market after Capri-Tapestry ruling?

Before deciding last year to merge with Tapestry, Capri Holdings had considered the possibility of selling one of its major brands, Versace. Now that the US regulator has objected to the Capri-Tapestry merger, this sale could be back on the cards, whether the merger is blocked or not.

Subscribers only Houses 24.10.2024

Spotlight | France, Singapore
The mystery behind Aupen, the bag brand celebrities love

Since it was created in Singapore in 2022, the Aupen leather goods brand has managed to place its "Nirvana" bags on the arms of the most high-profile celebrities. Its next range will be made by LVMH's Métiers d'Art.

Subscribers only Houses 17.10.2024

Leather goods label Aupen is preparing to have its next range manufactured in France by LVMH's Métiers d'art.

Spotlight | France
Chanel's Paris property push hits first snag

For years, the luxury fashion house has been snapping up buildings and retail premises in the French capital's poshest neighbourhoods. But it has just suffered its first setback in the city's highly strategic Golden Triangle.

Subscribers only Houses 10.10.2024

Chanel is looking to strengthen its footprint in Paris's Golden Triangle area.

France
LVMH waging 'coffee table book' publishing offensive

The luxury giant is stepping up its involvement in publishing houses to produce prestigious and beautiful books for its brands.

Subscribers only Houses 12.09.2024

Spotlight | France
Chanel quietly buys up workshops across France

The fashion house has been registered in the UK for years, but behind the scenes Chanel has been pursuing a proactive expansion plan in France, acquiring subcontractors and workshops across the country in a bid to catch up with rivals Hermès and LVMH.

Subscribers only Houses 27.06.2024

In recent years, Chanel has focused its acquisition policy on buying up factories and workshops.

France
LVMH makes headway in race for Paris's most coveted luxury locations

For years, the French luxury group has been engaged in a fierce battle with its competitors for premises located at the crossroads of the Avenue Montaigne, Paris's main high-end shopping street, and the Rue François 1er.

Subscribers only Houses 13.06.2024

United States
Ralph Lauren CFO lands golden parachute before moving on to pastures new

Jane Nielsen, a key management figure at Ralph Lauren, negotiated a particularly generous exit package before announcing her departure from the company on 24

Subscribers only Houses 30.05.2024

United States
Tapestry defends its merger with Capri using the LVMH-Tiffany example

US luxury group Tapestry's merger with Capri Holdings has been blocked by a complaint from the Federal Trade Commission, concerned about the risk of a handbag monopoly. Tapestry has hit back and accused the regulator of inconsistency, given it authorised a similar merger in the jewellery sector when LVMH bought out Tiffany's.

Free access Entourage 09.05.2024

United States
Tapestry takeover: Capri Holdings seeks to reassure staff at Versace, Jimmy Choo and Michael Kors

A few weeks after the announcement of the merger with Tapestry, employees of the fashion brands involved are concerned about their future. Capri, the holding company that made the sale, has been trying to put their minds at ease.

Subscribers only Houses 31.08.2023

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Special offer: Only -1d and 10h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 20/12/2024

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Anish Melwani
Capri Holdings
Chanel
Coach
Federal Trade Commission
Jennifer L. Rochon
Jimmy Choo
Latham & Watkins
LVMH
Ralph Lauren
Tapestry
Tiffany & Co
Versace

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