Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
Tapestry dodged a bullet by canceling its acquisition of Capri Holdings. It is freed from taking on the many problems at ...
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 ...
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.