The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and ...

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...

For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...

To the surprise of no one, Tapestry (NYSE:TPR) has walked away from a potential merger with its struggling competitor Capri ...

Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...

Tapestry and global fashion luxury group Capri Holdings have mutually agreed to end their merger plans amid regulatory ...

The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...

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

After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...

(Reuters) -Tapestry is terminating its $8.5 billion deal to buy Michael Kors-owner Capri following a legal hurdle, the ...

Analyst Oliver Chen of TD Cowen maintained a Hold rating on Capri Holdings (CPRI – Research Report), reducing the price target to $22.00.

After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...