Capri Holdings and Tapestry have mutually agreed to give up their plans for a merger in light of regulatory pushback.

Nov. 14 (UPI) --Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands, respectively -- ended their $8.5 billion merger agreement Thursday.

(Reuters) -Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal ...

TPR pulls out of the merger with Capri, redirecting efforts toward expanding its business and enhancing shareholder value. Luxury fashion parent company of Coach and Kate Spade, Tapestry and ...

Controversy ahoy. Ford has taken design cues – the front and rear faces, the window outline and cabin silhouette – from its old drag queen the Capri. The Capri was a coupé version of the Cortina.

Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by ...

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

Capri's stock plunged on the news, as the company has struggled since agreeing to be acquired. The company must renew its focus, but a turnaround won't be easy. Tapestry, meanwhile, has seen ...

“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...

Capri Holdings (NYSE:CPRI) plunged 50% in after hours trading after a federal judge blocked its $8.5 billion planned sale to Tapestry (TPR). Shares of Tapestry jumped 7.5%. US District Judge ...

Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...