Acquisition closed
Tapestry acquires Kate Spade New York (2017)
Tapestry completed the acquisition of Kate Spade New York on 11 July 2017 for $2.4 billion.[1]
Coach acquired Kate Spade for $18.50 per share, about $2.4 billion. Owning several brands rather than being one prompted the company to rename itself Tapestry the following October, a change its own shareholders received poorly.
Deal facts
- Announced
- Closed
- Value
- $2.4 billion (enterprise value)
- Buyer
- Tapestry
- Seller
- —
- Assets
- Kate Spade New York
- Regulatory review
- None recorded
Ownership changes recorded from this deal
| Owner | Owned | Relationship | Stake | From | To |
|---|---|---|---|---|---|
| Tapestry | Kate Spade New York | owns | 100% | 2017-07-11 | present |
Who owns Kate Spade New York today?
- Kate Spade New York — owned by Tapestry since 2017
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Coach, Inc. Form 8-K — completion of the acquisition of Kate Spade & Company — SEC EDGAR, SEC Form 8-K, published 11 July 2017; retrieved 8 September 2026.
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