Posts tagged: Michael Kors

Deals, Deals, Deals ... in a bear market - Part 51

Thursday, 10 August 2023, 10:50 pm

As little old Betaville pointed out earlier this week, dealmaking in the US continues unabated despite the summer holidays.

Today, Tapestry - the company behind the Coach clothing brand - announced the $8.5 billion takeover of Capri Holdings, which owns Versace, Michael Kors and Jimmy Choo.

Tapestry is paying Capri shareholders $57 per share in cash, representing a premium of nearly 65pc. Below is a link to the press release:..

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A New Year's question: will Michael Kors strike a deal in 2017? - part 2

Wednesday, 8 February 2017, 7:08 am

Shares in Michael Kors took a pasting yesterday - falling about 10pc - after the US fashion brand cuts its profits and sales forecasts.

So, readers might be wondering what has happened since I posited a question on New Year's eve about whether Michael Kors will strike a deal in 2017? In case you don't remember, here is a link to the piece I wrote on New Year's eve while markets were closed:..

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A New Year's question: will Michael Kors strike a deal in 2017?

Saturday, 31 December 2016, 4:50 pm

Now, there is a very good reason I posited a question in the headline. It's because I DON'T KNOW whether the well-known fashion brand and retailer Michael Kors will actually merge or sell itself.

However, here is what I do know: I have spent the best part of a couple months investigating a variety of takeover rumours about Michael Kors. Below is what I have have up with so far.....

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