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 is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
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 ...
Luxury fashion parent company of Coach and Kate Spade, Tapestry and global fashion luxury group Capri Holdings have mutually ...
The deal would have brought six brands under one roof - Tapestry's Coach, Kate Spade and Stuart Weitzman; and Capri's Versace ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...