The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
The deal would have brought six brands under one roof: Tapestry's Coach, Kate Spade and Stuart Weitzman; and Capri's Versace, ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
Tapestry and global fashion luxury group Capri Holdings have mutually agreed to end their merger plans amid regulatory ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
Tapestry, Inc. TPR, the parent company of Coach, Kate Spade and Stuart Weitzman, announced today that it has mutually agreed ...
The U.S. rival authorities have put a brake on U.S. fashion brands and Coach's parent company Tapestry, which has given up $8.5 billion in mergers and ...
Tapestry (TPR) is the retail sector’s star. Yesterday, shares gained 12.8% to close at $57.82 after the firm agreed to end its merger deal worth $8.5 billion with Capri Holdings (CPR). Capri owns ...