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 as the market’s big burst following Donald Trump’s election continues to cool. The S&P 500 was ...

U.S. stocks are drifting at the open of trading as the market’s big burst following Donald Trump’s election continues to cool ...

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 (CPRI) is parent to Michael Kors, Versace and Jimmy Choo. The deal was announced in August of 2023. In April, the Federal Trade Commission sued to block it, saying the move would stifle ...

Capri and Tapestry have mutually agreed to terminate their planned merger. Capri CEO continues to see long-term potential in ...

Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...