Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
U.S. stocks are drifting at the open of trading as the market’s big burst following Donald Trump’s election continues to cool ...
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, ...
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.
Capri and Tapestry have mutually agreed to terminate their planned merger. Capri CEO continues to see long-term potential in ...