NEW YORK — Fashion company Tapestry on Thursday said it’s terminating its proposed merger with Capri because the two luxury .
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
Tapestry, a US conglomerate of luxury fashion brands, has officially terminated its merger agreement with Capri Holdings, ...
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
To the surprise of no one, Tapestry (NYSE:TPR) has walked away from a potential merger with its struggling competitor Capri ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
Tapestry and global fashion luxury group Capri Holdings have mutually agreed to end their merger plans amid regulatory ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while ...