What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands ...
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, ...
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.
The company offered no guidance due to the uncertainty regarding its potential merger with Tapestry. Capri Holdings is a ...
To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...