Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while ...
The deal would have brought six brands under one roof: Tapestry's Coach, Kate Spade and Stuart Weitzman; and Capri's Versace, ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
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 company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't ...
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.
Tapestry (TPR) stock is surging amid rival Capri Holding's (CPRI) breakdown, and also flashing a historically bullish signal ...