michael kors tapestry news - Search News

Capri, Tapestry Scrap Merger

Companies · 10m

Capri outlines return to growth plan as Tapestry merger falls apart

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

The New York Times · 17h

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 · 22h

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.

22hon 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 MSN23h

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 ...

17h

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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