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 ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s ...
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
Capri Holdings (CPRI) and Tapestry, Inc. (TPR) have terminated their $8.5B merger deal due to regulatory challenges.
Capri Holdings and Tapestry have mutually agreed to give up their plans for a merger in light of regulatory pushback.
Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...