Coach Buys Versace! What This Means for the Luxury World
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- เผยแพร่เมื่อ 1 ต.ค. 2024
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I hope that this doesn’t mean that Coach begins to raise prices. Coach has quite affordable leather goods of excellent quality.
I hope so too!
This is also my concern.
I am afraid that everything Versace will be made in China now, just like Coach and Kate Spade :(
May be Coach is made in China, but to me they offer a very good ratio price/quality and it's a shame for the made in Europe high end brands who only deliver crap.@@oldpalmcity
"luxury" is disappearing in front of our eyes. I'm holding tight to my vintage items and focusing on buying quality now instead of labels. Also found the alternative of "custom made" by hand
Yes I agree grab what you can now and hold on to them there going to be worth a lot
@Braymers2023 I just said the same exact thing to someone else recently. I have several vintage luxury bags. Louis Vuitton, Channel, and the quality is way better than what is being put out now. Still in mint condition.
Last year we had Fendace and now it's time for COACHACE 😅
Winner pairings 🤣💖🌅
Yes your right I remember that
Tapestry didn't buy Coach.... Coach became Tapestry inc..... and Tapestry inc bought Capri holdings.....
This whole thing is confusing. It is a strange combination of brands.
I agree… its very confusing to me too.
I love Versace so so so much.
I hope this is a new beginning, with a lot of innovation and at the same time keeping the iconography and heritage of the brand 🤞🏾✨
Fingers crossed
Versace fits right into Tapestry - you want a group of labels with different aesthetics, not all American sportswear inspired, that way you appeal to a larger audience. And Chanel was always French/British in origin, the tweeds are British, Coco was an Anglophile.
Incorrect. Coco was not anglophile in origin. She became it die to external circumstances later on.
I like the name Tapestry for a conglomerate made that focuses fabrics (ie fashion items) imo. Kering on the other hand is a name I never liked, it reminds me of Carotene & I always think of carrots & haircare when I hear it 😂 🥕 🧴💆🏻♀️
P.S Capri Holdings also own Jimmy Choo & Tapestry also owns Stuart Weitzman
What! But that makes sense I thought it was Kate Spade for SW - but it is Tapestry! Thank you (-;
LVMH bought Tiffany, an American company and imo ruined it, prices are now out of control and they drastically increased collections like Schlumberger's, it's sad as I used ro shop there often, no mas! I remember seeing Versace walking around in south beach back when south beach was empty and no one cared who went where, he absolutely adored South Beach - xx
Dacob, you tugged at my heart with ❤ this segment.
Miami is my hometown and I was in my early twenties when Gianni passed.
He lived right down the road from The News Cafe and was a regular at the news stand.
He used to go buy his magazines right next door.
We all knew who he was and loved seeing him and saying hi..
Even though we all knew who he was, No one bothered him, he was just our neighbor.. And we were all in awe.. Of him, his creativity and his home the magnificent ( Casa Casuarina - I don’t know if that is still the name) .
Anyway, those days were glorious and I love your take on this.
America, is a country built on immigrants.. Creative giants like him are the best part and he was as SOBE as he was Calabrian at the height of his creativity.Those were the days.. 🎉
Thank you for reminding me of that..
Those were the days 🥰🥰💖💖🎀
I’m from Russia, when I moved to USA I thought Coach is Couch😅
🤣🤣🤣
well I love coach it fine with me but never be like LV but happy for them
I quite recently (end 2022) discovered and bought my first Coach item... 5 bags and more SLG later I do not regret my purchases. No big logo for me. The leathers are really good.
I'm also dying at Coachace 🤣🤣 They need to hire you for that special collab pronto! ✨✨
I am waiting for the pink phone to ring haha
Versacoach 🥴😂
😂
I still use my Coach bags from over 10 years ago as camera bags.
Tapestry now owns Capri the USA wants to have LVMH so bad in order for that to buy: Ralph Lauren, Oscar De La Renta, Carolina Herrera. I honestly hate corporate luxury at this point im seeing a cutting of corners in luxury and quiet houses (Loewe, Bottega )being pumped up with bunch of locations because brands like LVMH need new revenue
Hello Dacob I love Coach
Classic leather coach does have good pieces
🥰💖
Tapestry just buys profitable companies...I believe nothing will change with the brands.
Will be interesting to see how this develops in the future…
I've got it! Coasace as the name with a Medusa-head on the wagon pulled by horses as the logo. 😂
Hahah 🤣🤣💖
Omg, that logo idea! I am DEAD 🤣🤣
It just popped into my head when the name Coasace came up.
You know that logo would be over the top fabulous, as only Versace can do. 😂
Interesting, Coach has the best leather!😍
All of these big corporations are swallowing up these fashion houses, cutting corners on quality, stripping the respective brands of their identity, and raising the price of their items. Luxury isn’t synonymous with good quality like it used to. Even a lot of the ready to wear from luxury houses don’t interest as much. I look at smaller designers/up and coming designers.
huge shame...
Huge!
I just can't imagine a Coach/Versace collab if they have that in mind for a future project. They just seem like worlds apart to me. I didn't know that Gianni had lived in Miami, terrible what happened to him 😢
Why didn't Kerring buy Versace? that would make sense to me.
Cuz maybe capri holdings came to it first or maybe offered more money or maybe Donatella or her brother or their partners like Capri Holdings more than the other companies? Who knows…
I can see it now, “ver-coach-e” 😂
Major fomo 🤣
Oh great! Now i have to stop buying versace 😒
Coach is a very profitable brand. Their quality is undeniable (retail). No surprise,
I feel second-hand embarressment for the people in the comments giving Dacob Geography lessons....He was talking about Chanel moving to the UK allegedly because of this little thing called BREXIT and its benefits. Read between the lines before you try to be a smart@$$. Its not cute
Thanks H. A. 🙏🏻💖 They just don’t get it I guess…
@@SuperDacobI cringed....we all had that kid in class....
Greets from Europe to TAPESTRY 😀 "Tapestry weaves into its tapestry" like Tupperware! Bisous Dacob, I enjoyed this episode and feel much wiser now. I think the Medusa will be replaced by the Starbucks mermaid 🧜♀Oh and will Versace fashion show take place in NY? hmm...
Not only MK and Versace, also Jimmy Choo.
We finally get to compete with Europe and I’m here for it!! 👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾
VersUSAce
😂😂😂😂😂😂
This past year I’ve been getting more into Versace so I kind of dig this acquisition. I think it’s a bigger deal that Coach now owns Michael Kors, because I see them more as competitors in similar tier markets.
Hey beautiful Dacob. I am your new subscriber. Found your channel becos of a Guerlain perfume review.❤ Your review is honest and passionate and I love your makeup and outfits. Haven't watched this video yet, but I just need a shout out.😂
❤ From Hong Kong
Btw I owned several coach bags. I think it's this brand which brought back the vanity case bag a few years ago.
Thank you for subscribing to my channel babyfish 🥰🙏🏻💖Welcome to the fashion bunker. 🌅🎀💖
I like the coach bags from 15 to 20 years ago. I recently bought one and returned it because they are using less leather and changed the inside to sustainable cheap material. They cheapened it with that ugly fabric good for the environment. I dont want everything good for the environment not leather products like handbags and shoes.
My rogue top handle had scratches on the leather front and back. $700.00. I returned it.
The Tapestry: "We apologize as all the chic names were unavailable the day we registered our business"
They got it at the flee-market
Capri, pronunciation is wrong here is name of Italian island known for oldhollywood vacations in 50's and 60's. Like Saint Tropez in France
Btw, did you know CaPRI is dr Jill Bidens Secret service name? 😂
@@s.fernandes7560 oh!!!! I thought it was after the fruit punch in the foil pouch 🙄😒
@@_Tracy_B no there is even the Capri pants, made famous by Audrey hepburn in movies.Just google it
No shade but maybe the leather will be better quality because the stitching and leather is terrible. Very cheap feeling and looking especially for the price.
Imagine if Tapestry BUYS Chanel bwahahaha
Hahaha… well… maybe they would make it better… 😏
Lots of Italian designers like D&G, Cavalli, feel latinamerica as part of the latin culture, obviously, so it makes sense they go to Miami, D&G baroque aesthetic fits latinamerica perfectly.
You're an encyclopedia of info... I agree with you about all of it... I think all of it sucks... I don't like all these big bully conglomerates... Love the medusa in the o crack.... Coachche... Too funny... Thank you
💖🙏🏻🎀
I’m sorry, but Coachachy sounds like a Vajeyjey 😂
😂😂😂😂😂
I am a customer of American brands. So, I am interested in this video. Coach, Dooney & Burke, and Michael Kors are the brand of handbags that I bought. I only have 2 LV handbags and a wallet. I am just practical now and not planning to buy the high end luxury goods. I'll just stick to the American brands that are still affordable for me.
Mulberry is now Chinese and the quality has gone downhill. They also bought a ceramics brand I think Royal Worcester years ago, same issue.
Singaporean. Not Chinese. Racist much?
¿ Question: Dacob, should we rush to buy a few iconic bags, with the Medusa Hardware before the predictable price increases?
I hope you are resting up after those epic lessons during last night’s lives. Damn, you are smart!
Thank you so much patricia 🙏🏻🥰💖 I don’t think we need to rush to get the Medusa hardware 🥰
Versace Florida Summer Collection '25
💜
💖🎀
What the hell???????
🤣🤣💖
Tbh for me the era of Versace ended in 1997 with Gianni's passing. Still there's no comparison between Versace and Coach even today. I don't understand people's fascination with Coach :most of their designs are rip offs from other brands (LV, Mulberry etc etc)
I agree Versace was so much better in the 90s I loved all of Gianni’s mens shirts I still remember my first buy of the dreamer when it came out the original formula I still have a wallet pre 90s and a couple of shirts and jeans I’m not saying donnatella isn’t a good designer but Gianni made better clothes for men
@@stevegarcia3174 not just men's clothing, the women's collections were extraordinary, not to mention his designs for the opera. Gianni's imagination had no boundaries.
@ceciliabrown3301 Some of us like Coach because of the quality and the prices. And most designers have items that are ‘inspired’ by their competitors.
I audibly gasped. This is serious.
Big shifts happening in the fashion world
I've always loved Versace! I think Michael Kors originally bought Versace under his name but then decided to create Capri because his name was too known and they wanted an umbrella since they also own Jimmy Choo. They said Donatella kept creative control, but I find it funny how after they were acquired, they started making cuter bags. Prior to the takeover, I thought the only product Versace failed at making were cute handbags LOL. Now as tacky as a lot of them are, I find them much more covetable. I think all of these brands fit each other very well. Really nice quality at non-ridiculous prices. Even Versace is cheap compared to the other designers. I hope this stays a constant within all these houses. I think Tapestry is a cute name too. Kering Group and LVMH sound exactly like large evil corporations ready to takeover the world ROFL.
😂😂😂😂😂 Dacob you are hilarious!!!! I love how well informed you are about everything.
Thanks meatiethatsme 🙏🏻🥰💖
@@SuperDacob you're welcome hun.
Omg it all makes sense now. A week ago I was talking to a friend who is at the coach shows and she told me to get ready because Versace was a part of Coach also. I totally thought she was kidding. Wow. I owe her an apology. Thank you Dacob for keeping us informed.
Yep, Versace and Coach are now both a part of Tapestry…
CPRI also owns Jimmy Choo ❤
Cooche coming for Gucci
😅
🤣
Living for Versacoache
Tiny medusa heads on many coach logos… hehe
🪳🪳🪳
🤣🪳💖
😳😓
I was surprised too
I missed the live I had a few questions on this situation what I want to know is what happens to donnatella and Michael korrs do they have any rights to there companies I know Versace isn’t what it used to be when Gianni owned it thank you dacob for your information what a sad day in fashion
Donatella might have specific clauses in the sales agreements and contracts that might stipulate how her involvement remains or doesn’t remain in the company but we do not know that since as far as I know, they have not openly disclosed their contracts and agreements. But since Donatella still exits to greet all the audience after each Versace show, I would think that she still has some form of artistic directorship over the collections but I have no clue how far her power reaches over the current Versace brand. 💖
Dacob never sleeps!!!Thanx for the
all the latest breaking news!!😅😅
Thank you for tuning in diana 🙏🏻🥰💖
I am a weird American.
We are all weird in our own ways 🥰🌅💖
Great insight into the American Versace history Cocace lol!!
Thanks fuchsia 🙏🏻🥰💖
Fendi did a collab with Tiffany. I can see Versace doing a collab with Coach😊
And Versace already also did a collab with Fendi … fendace
Do you think Versace will be showing at New York Fashion Week?
Who knows… maybe in the future..
Wow, most interesting indeed 💜
Its like game of thrones up in the fashion world.
Coach Roach 🪳 hahahahahaaha😅
COckroACH 🪳
I have been watching you alot
I hope you have been having fun 🤩
I already started to ignore labels but I cannot ignore each brand's heritage. Like Louis' monogram, Coach's glove tanned leather and Chanel's tweeds.....Other than that, labels mean nothing to me at this moment.
Tapestry should rename them into Versayce
Hahaha. Love it
Very interesting..........
Yep… the chess ♟️ pieces are moving into position
Capri Sun! 😂 we see what you did there 🥤
😉🎀💖
Oh my god 😂 Dacob just imagin the collab « Coasache », a little ✨ Cosette In Italian glimpse on the American coastline 🤣 #miamibeach, if not something, or to not to be mentioned some type of other individuals. Or Coadache for nerds?? Spending time to code our AI? Our times Metaverse
Wow
Wugo wugo
❤🙏
🥰🙏🏻💖
Wtf? Better than LVMH or the Kerring group
I wish Donatello would buy Versace back and hire telfar as creative designer
Clemens would be awesome at Versace 🥰
I am a big fan of Versace because they make larger sizes that I can actually wear. #ChonkyGirlProud Maybe that has to do with it leaning more American?
Maybe it has to do with the American market but also, its just clever to offer clothes in all sizes which include all people 🥰💖
The UK is still Europe - just not in the European Union - still in the continent though. Love ya Dacob!❤️
Thats exactly what I meant. Except… its the brits themselves who always say they are going to the continent when crossing over to the EU… so its their word, not mine… they separate themselves from “the continent Europe” in more than just politics and economy… 💖
Fascinating!! 🙌🙌❤️❤️
They should hire YOU Dacob!
They can always make an offer 😉
Affordable Versace! Yay!
Possibly… but also possibly more expensive… but also possibly different quality… only time will tell 😉🌅
made in china
❤❤❤❤
💖🎀
What you said about the UK not being European is not true. It may not be part of the European Union but it is still part of the European continent just like Switzerland, Norway, etc.
Nobody said its not part of the geographical part of Europe but legally and politically its no longer Europe and thats that. The geographical position will not help you when you will need a visa to enter the political Europe.
Excellent breakdown!! Thank you.
Thank you 🙏🏻🥰💖
No wonder why in the USA we have a lot of Michael Kors didn't make sense to us. No wonder coach bought them out to.
Dacob, the European Union is one thing and the European culture is quite another...and UK belongs to it. Sorry! ❤❤❤
Less and less… sorry 💖💖💖
Coach owned by Chinese
of course Britain is Europe, Israel is also Europol, it's just that we are not part of the European Union
The UK is no longer part of the European Union. Thats what I meant obviously.
Tapestry, Capri, Outlets & Co.
Hahaha wugo wugo