What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
Tapestry and Capri have mutually agreed to call of their merger. The parent companies behind Coach and Michael Kors saw their ...
Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...
This isn’t the way either Tapestry Inc. or Capri Holdings expected their $8.5 billion engagement to end. But now that the breakup has come — after a preliminary and all-but-final injunction ...
Merger of Handbag Makers Tapestry, Capri Halted as Judge Sides With FTC in Antitrust Case NEW YORK (AP) — A U.S. District judge has halted the merger between the makers of Coach and Michael Kors ...
A federal judge on Thursday temporarily blocked luxury fashion conglomerate Tapestry from moving forward with its $8.5 billion merger of Capri Holdings, siding with antitrust regulators in arguing ...
NEW YORK -- Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach and ...
In response to the US District Court’s approval of the Federal Trade Commission's (FTC) preliminary injunction against its acquisition of Capri Holdings, Tapestry expressed disappointment ...
NEW YORK, Oct 24 (Reuters) - A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry (TPR.N), opens new tab and Capri (CPRI.N), opens new tab on ...