Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...

The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...

Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...

What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands ...

Tapestry terminates its acquisition of Capri, owner of Michael Kors, due to legal challenges, boosting shares and unveiling a ...

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...

Capri said Michael Kors' quarterly revenue, which contributed 68% to its total sales in 2024, declined 16%, compared with an 8.6% drop a year earlier. The company's quarterly margin was 64.3% ...

Capri Holdings is still looking to find its footing ... Revenue in the Americas was down 33 percent, which led to $3 million in operating losses. Michael Kors’ top line dropped 16 percent to $738 ...

The parent company of Michael Kors, Jimmy Choo ... with our obligations under the merger agreement, Tapestry and Capri have jointly filed a notice of appeal." Management said it would not provide ...

John Idol, Capri's chief executive officer (CEO), attributed the decline to “softening demand globally for fashion luxury goods.” Michael Kors revenue declined 16% to $738 million, while ...

The company was founded by Michael David Kors on December 13, 2002 and is headquartered in London, the United Kingdom. Read More on CPRI: Capri Holdings NewsMORE Related Stocks Indices Commodities ...