WSJ News Exclusive | Coach Owner Near Deal to Take Over Parent of Michael Kors, Versace

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WSJ News Exclusive | Coach Owner Near Deal to Take Over Parent of Michael Kors, Versace
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Coach owner Tapestry is in talks to buy Capri Holdings, parent of fashion brands Michael Kors, Jimmy Choo and Versace

Bernard Arnault, head of luxury-goods conglomerate LVMH, has a net worth larger than that of Elon Musk and Jeff Bezos.

WSJ’s Nick Kostov explains how the French business magnate amassed his fortune and how he plans to keep that wealth under family control. Photo: Nicholas Kamm/Agence France-Presse/Getty Images, parent of well-known fashion brands Michael Kors, Jimmy Choo and Versace, in a move that could help the new company better compete with the European fashion giants.Continue reading your article with

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Joan Kors, Michael Kors's Mother, Dies at 84Joan Kors, Michael Kors's Mother, Dies at 84Joan Kors, the mother of American fashion designer Michael Kors, has passed away at the age of 84 in Los Angeles, California. She will be remembered for the influence and support she bestowed upon her son.
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