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Capri, Tapestry Scrap Merger

The New York Times · 15h

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, after the Federal Trade Commission successfully sued to stop the transaction.

UPI News on MSN · 20h

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 their $8.5 billion merger deal Thursday. The deal was blocked by the Federal Trade Commission.

The Washington Post on MSN · 18h

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.

Yahoo Finance5h

Tapestry and Capri mutually agree to terminate $8.5bn merger

Tapestry, a US conglomerate of luxury fashion brands, has officially terminated its merger agreement with Capri Holdings, ...

20hon MSN

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 ...

Hosted on MSN21h

Tapestry and Capri Terminate $8.5B Merger Agreement

Tapestry Inc. and Capri Holdings are officially going their own way. The two companies agreed to terminate their merger ...

16h

Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks

Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...

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