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, ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition concerns. That is bad news for Capri, whose top brand Michael Kors has only ...
The results were in contrast to those of Coach-parent Tapestry, whose $8.5 billion deal to buy the company was blocked by a U.S. judge last month. Capri said Michael Kors' quarterly revenue ...
The FTC alleged that merging Tapestry-owned brands Coach and Kate Spade with Capri’s Michael Kors would hinder competition in the market for “accessible luxury” handbags. In its complaint ...
(Reuters) -Tapestry has halted Capri integration plans as the Coach parent appeals a U.S. judge's decision to block its $8.5 billion deal for the Michael Kors owner, the company said on Thursday.
Tapestry Inc.’s life after Capri Holdings is starting to come into focus — and it doesn’t involve another big deal right away. Ever since a federal judge blocked Tapestry’s $8.5 billion ...
Michael Kors sales dipped 16% with double-digit losses ... a conference call given the proposed merger transaction with Tapestry (TPR) and pending appeal.