Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
Capri and Tapestry end their $8.5 billion merger after FTC blocked it
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
Here’s what comes next for Tapestry and Capri after the death of their major fashion merger
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 houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Tapestry and Capri Terminate $8.5 Billion USD Merger
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
Capri, Tapestry Scrap Merger After FTC Wins Blocking Order
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
Wall Street Journal21d
With Tapestry Deal Unraveling, Michael Kors's Owner Is Left Holding the Bag
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition concerns. That is bad news for Capri, whose top brand Michael Kors has only ...
brandequity.economictimes.indiatimes6d
Capri posts bigger-than-expected drop in quarterly revenue on tepid demand
The results were in contrast to those of Coach-parent Tapestry, whose $8.5 billion deal to buy the company was blocked by a U.S. judge last month. Capri said Michael Kors' quarterly revenue ...
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The ...
JD Supra11d
FTC Blocks Tapestry/Capri ‘Affordable Luxury’ Deal, but Court Applies Traditional Horizontal Merger Analysis
The FTC alleged that merging Tapestry-owned brands Coach and Kate Spade with Capri’s Michael Kors would hinder competition in the market for “accessible luxury” handbags. In its complaint ...