Tapestry CEO on $8.5 billion Capri acquisition:I t unites 'iconic fashion brands' скачать в хорошем качестве

Tapestry CEO on $8.5 billion Capri acquisition:I t unites 'iconic fashion brands'

Tapestry (TPR) announced it will spend $8.5 billion to buy its long-time rival Capri Holdings (CPRI), adding luxury brands Versace, Michael Kors, and Jimmy Choo to its portfolio that already includes Coach, Kate Spade, and Stuart Weitzman. Yahoo Finance Executive Editor Brian Sozzi is joined by Tapestry CEO Joanne Crevoiserat to discuss the strategy of the deal, what it means for investors, and the outlook for Tapestry. Crevoiserat said, "We're establishing a powerful global house of iconic fashion brands ... and we're excited about bringing these brands together because of the compelling financial opportunity. There's excellent strategic fit. Crevoiserat added, "We're confident that investors will see this compelling opportunity. This is a story to watch." #youtube #yahoofinance #luxury Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV