Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
The deal would have brought six brands under one roof: Tapestry's Coach, Kate Spade and Stuart Weitzman; and Capri's Versace, ...
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 ...
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
The U.S. rival authorities have put a brake on U.S. fashion brands and Coach's parent company Tapestry, which has given up $8.5 billion in mergers and ...
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...