Tapestry's (TPR) Coach Tops Capri's (CPRI) Michael Kors in Handbag Wars - Bloomberg

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Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade to dominate the US handbag market. On Thursday, Tapestry sealed its victory — and now the shopworn Michael Kors brand becomes its problem to solve.

Tapestry's (TPR) Coach Tops Capri's (CPRI) Michael Kors in Handbag Wars - Bloomberg

Tapestry's (TPR) Coach Tops Capri's (CPRI) Michael Kors in Handbag Wars - Bloomberg

Tapestry's (TPR) Coach Tops Capri's (CPRI) Michael Kors in Handbag Wars - Bloomberg