Factbox-Major deals in global luxury market in the past decade

(Reuters) -Coach parent Tapestry said on Thursday it will buy Michael Kors owner Capri Holdings in a deal valued at $8.5 billion, creating a top U.S. fashion house that can better compete with larger European rivals.

Here are some other major deals in the global luxury space in the past decade:

Deal Details

Company Date


Kering July 27, 2023 The French luxury group took a

30% stake in Italian fashion

label Valentino for $1.87 billion

in cash.

L’Oreal April 4, 2023 French beauty firm L’Oreal bought

Australian luxury brand Aesop

from Natura & Co in a deal valued

at $2.53 billion.

Estee Nov. 15, 2022 Estee Lauder agreed to buy U.S.

Lauder fashion label Tom Ford in a $2.8

billion deal.

LVMH Oct. 29, 2020 France’s LVMH said it would pay

$15.8 billion to buy U.S. jeweler

Tiffany & Co.

Capri Sept. 25, 2018 Capri (then Michael Kors) agreed

to buy luxury designer Versace

for $2.15 billion including debt.

Capri July 25, 2017 Retailer Michael Kors (now Capri)

agreed to buy luxury shoemaker

Jimmy Choo for $1.2 billion.

Tapestry May 8, 2017 Handbag maker Coach (now

Tapestry) bought Kate Spade & Co

for $2.4 billion.

LVMH April 25, 2017 French billionaire Bernard

Arnault agreed to combine the

Christian Dior fashion brand with

his LVMH empire in a $13 billion


Estee Nov. 14, 2016 Estee Lauder bought makeup brand

Lauder Too Faced for about $1.45


Tapestry Jan. 6, 2015 Tapestry (then Coach Inc) bought

women’s luxury footwear company

Stuart Weitzman in a deal valued

at up to $574 million.

(Compiled by Savyata Mishra, Juveria Tabassum and Granth Vanaik in Bengaluru; Edited by Shounak Dasgupta)