However, Tapestry and Capri, two American luxury companies, refused to fall behind their European counterparts any longer and ...
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
Tapestry terminates its acquisition of Capri, owner of Michael Kors, due to legal challenges, boosting shares and unveiling a ...
NEW YORK — U.S. stocks slipped Nov. 14 as the market's big burst following Donald Trump's election continued to cool. The S&P ...
The gains for Tapestry stock came after the parent of the Coach and Kate Spade brands called off its merger with Capri ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US ...
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...
Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.