NEW YORK — Fashion company Tapestry on Thursday said it’s terminating its proposed merger with Capri because the two luxury .
Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't expect to overcome an antitrust challenge within an acceptable time frame.
succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would combine popular fashion brands such as Coach, Kate Spade and Michael Kors. Following several losses in recent ...
Michael Kors sales dipped 16% with double-digit losses ... is not issuing full year guidance or hosting a conference call given the proposed merger transaction with Tapestry (TPR) and pending ...
A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S. District ...
A merger of the fashion companies that own the Coach, Kate Spade, Michael Kors and Versace brands, ruling that the tie-up would "substantially lessen competition" among makers of accessible luxury ...
Michael Kors testified the merger would have revitalized his brand. A federal judge in New York on Thursday sided with the Federal Trade Commission, effectively blocking the $8.5 billion merger of ...
“We intend to appeal the decision, consistent with our obligations under the merger agreement.” Capri — whose brands include Michael Kors, Versace and Jimmy Choo — did not immediately ...
Capri, the parent company of fashion brands Michael Kors and Jimmy Choo, saw its stock tank nearly 50% on Friday after a federal judge blocked its pending $8.5 billion merger with Coach owner ...
A US judge blocked the pending $8.5 billion merger of handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission that is a likely death blow for ...
Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade Commission charged. And now a federal judge has agreed, issuing a preliminary ...