Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Fox Business34m
Capri terminates Tapestry merger citing regulatory hurdles
Had the merger proceeded, it would've united Tapestry's Coach, Kate Spade and Stuart Weitzman brands with Capri's Versace, Jimmy Choo and Michael Kors. The leaders of the two companies outlined ...
Tapestry And Capri Call Off $8.5B Deal Amid Legal Hurdles
Tapestry, Inc. (NYSE:TPR) shares are trading higher premarket on Thursday after the company disclosed that it has reached an ...
The New York Times2h
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach and Kate Spade, and Capri Holdings, the parent company of Versace and Michael Kors, on ...
NBC Washington17h
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
The $8.5 billion acquisition, originally announced in August 2023, would have married America's two largest luxury houses and ...
Capri Stock Sinks After Versace Parent's Poor Earnings
Key Takeaways Versace's parent company, Capri Holdings, reported fiscal-second-quarter results that missed analysts' ...
voguebusiness1h
The Tapestry-Capri deal is officially off
Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.
Capri sales drop 16% as Versace and Michael Kors hit by weak demand for luxury goods
Capri (CPRI) reports worse-than-expected FQ2 results as losses in Versace and Michael Kors weigh on results. Read more here.
Tapestry and Capri scrap planned merger amid competition concerns
Fashion giants Tapestry and Capri have scrapped their planned $8.5bn merger on the back of legal uncertainty after US ...
Retail Dive2d
Capri revenue falls sharply as hopes of a Tapestry merger dim
Capri Holdings revenue decreased 16.4% to $1.08 billion for ... offset by an 8% drop both in Asia and the Americas.