Why Jimmy Choo, Michael Kors, Versace, Kate Spade Are Suddenly One Company
11 months ago
32
Why Jimmy Choo, Michael Kors, Versace, Kate Spade Are Suddenly One Company
Rising rates, sticky inflation and the prospect of slowing consumer spending have sparked a flurry of deals in the fashion industry as companies look to mergers and acquisitions for growth. The trend of fashion consolidation among U.S.-based brands is mirroring the pattern of LVMH in Europe, a mega fashion brand that has aggressively expanded via acquisitions.
Watch the video above to learn more about the trends fueling fashion's merger mania.
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