Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
(Reuters) -Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
Antitrust regulators killed the deal, but Tapestry's pivot to buybacks and organic growth is stealing the spotlight ...
Tapestry and global fashion luxury group Capri Holdings have mutually agreed to end their merger plans amid regulatory ...
Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.