The Coach-Michael Kors Merger Has Its Day in Court

Sarah Burton Named Givenchy Designer; Sessun Sells Majority Stake

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, SEPTEMBER 10, 2024 Coach showed its latest collection on New York's High Line, while a few miles away parent Tapestry made its case before a federal judge to acquire Michael Kors owner Capri. LVMH's Givenchy has named longtime McQueen designer Sarah Burton its new creative director. French brand Sessùn has sold a majority stake to Italian fund Quadrivio.

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LUXURY The Coach-Michael Kors Deal Has Its Day in Court By Malique Morris

Hours before its runway show during New York Fashion Week on Monday, Coach's parent company, Tapestry, faced off with the FTC to prove its $8 billion acquisition of Michael Kors' owner Capri isn't anti-competitive. READ MORE

LUXURY Givenchy Names Sarah Burton Its New Designer By Robert Williams The longtime Alexander McQueen creative director will be LVMH-owned Givenchy's fourth designer in 10 years. Her debut show is set for March 2025. READ MORE

RETAIL French Brand Sessùn Sells Majority Stake to Italian Fund, Eyeing International Expansion By Simone Stern Carbone Italian private equity Quadrivio acquired a majority stake from Experienced Capital and the brand's founder. With growth outside France in focus, investing in brand awareness takes centre stage. READ MORE

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NEWS BRIEFS Gucci-Owner Kering Slumps to 2017 Low on China Demand Fears Disgraced Fashion Executive Nygard Gets 11-Year Prison Sentence for Sexual Assault Chanel Appoints Simona Cattaneo as Fragrance and Beauty President

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