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...cash flow to invest in brand building while funding debt pay-down....
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...The pair are best known for their handbag brands. Tapestry owns Coach and Kate Spade while Capri sells Michael Kors....
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...Asda, the UK supermarket chain owned by TDR Capital and the billionaire Issa brothers, is converting to its Asda Express brand 470 local stores that it acquired in 2022....
...TGI Fridays said the deal would create a “global hospitality brand” offering “operational and financial flexibility, increased scale and capital to deliver continued revenue”....
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...Historically, high-end designer brands have been the ones that have had to fight off replicas from China....
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