Here’s what comes next for Tapestry and Capri after the death of their major fashion merger
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
Tapestry and Capri Terminate $8.5 Billion USD Merger
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
Capri, Tapestry Scrap $8.5 Billion Merger, Ciring Regulatory Hurdles Following FTC Intervention
Capri Holdings and Tapestry mutually agreed to terminate their planned $8.5 billion merger following an FTC lawsuit that ...
The Owner of Coach Abandons Its $8.5 Billion Bid to Take Over Versace’s Parent Company
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock
Tapestry terminates its acquisition of Capri, owner of Michael Kors, due to legal challenges, boosting shares and unveiling a ...
My MotherLode29m
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and ...
Investopedia25m
S&P 500 Gains and Losses Today: Government Contractors Lose Ground, Tapestry Rises
The gains for Tapestry stock came after the parent of the Coach and Kate Spade brands called off its merger with Capri ...
Stock market today: Wall Street weakens as its post-election boom slows some more
U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool. The S&P 500 dipped 0.6% ...
MT Newswires on MSN22m
Equities Fall as Markets Weigh Fed Chair's Remarks
US benchmark equity indexes closed lower Thursday as traders parsed comments by Federal Reserve Chair Jerome Powell. The S&P 500 and the Nasdaq Composite fell 0.6% each to 5,949.2 and 19,107.7, ...