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For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
Luxury fashion conglomerates Tapestry and Capri Holdings called off their merger Thursday, weeks after a federal judge sided with antitrust regulators who oppose the deal. The fashion houses ...
Move comes after a judge blocked the deal last month on competition grounds Tapestry Inc.' stock jumped 8% 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 ...
Tapestry Inc.’ stock jumped 13% Thursday to lead S&P 500 gainers, while Capri Holdings Inc.’s stock erased early losses to trade up 4%, after Tapestry said it’s terminating its $8.5 billion ...
Move comes after a judge blocked the deal last month on competition grounds Tapestry Inc.' stock jumped 13% Thursday to lead S&P 500 gainers, while Capri Holdings Inc.'s stock erased early losses ...
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
NEW YORK (AP) — 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 ...
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