3 tips for staff after your fashion brand has been acquired

In a capitalist economy, mergers and acquisitions are the key to success and this is more relevant than ever for the global fashion industry. When it comes to multinational luxury companies, Kering, LVMH and Richemont dominate the sector. In recent years, Capri Holdings (previously known as Michael Kors) and Coach are setting their sights on becoming the ultimate American conglomerates for luxury-leaning retail by acquiring lucrative brands. What does this mean for the staff?