The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and ...

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 ...

Tapestry, Inc. TPR, the parent company of Coach, Kate Spade and Stuart Weitzman, announced today that it has mutually agreed ...

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...

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 ...

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’ top line dropped 16 percent to $738 ... agreed to sell itself to Coach parent Tapestry Inc. in an $8.5 billion deal signed in August 2023. But the business has declined markedly ...

Michael Kors sales dipped 16% with double-digit losses ... a conference call given the proposed merger transaction with Tapestry (TPR) and pending appeal.