Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
US benchmark equity averages were little changed on Thursday after monthly producer prices came in line with market ...
What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
Capri Holdings and Tapestry have mutually agreed to give up their plans for a merger in light of regulatory pushback.
Firefighters are very busy battling several wildfires in Manhattan, Queens and New Jersey as dry conditions, brush and ...
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s ...
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US ...
Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...