LVMH, Ferrari, Ralph Lauren, Mercedes-Benz are listed in the new Luxury ETF: LUXX seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
In a bid to amplify its stake in the global luxury market, Tapestry has made an audacious move by acquiring Capri Holdings for $8.5 billion.The merger has sparked intense industry debate regarding its potential and the implications for the future of luxury fashion.