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Tapestry Expands Its Empire: But It’s No LVMH
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Tapestry is no LVMH or Kering in its acquisition of Capri. The aspiration to play in the luxe space is nearly impossible; for starters, Jimmy Choo and Versace are too niche and too small.
Add to that Tapestry’s mainstream brands are outlet mall darlings, at one point, driving about 70% of revenues. Join Robin and Shelley as they deconstruct the deal as potential culture clash and overburdening debt load in Tapestry’s vision to become a luxury powerhouse.
For more strategic insights and compelling content, visit TheRobinReport.com, where you can read, watch, and listen to content from Robin Lewis and other retail industry experts, and be sure to follow us on LinkedIn and Twitter.
Kapitel
1. Controversial Acquisition of Tapestry and Capri (00:00:00)
2. Focus on DTC and Retail Partnerships (00:20:13)
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