Major fashion handbag brand gives huge update on FTC merger appeal
If the deal between Tapestry and Capri were to come to fruition, this multi-billion dollar merger would've created one of the ...
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 ...
Rapper Lil Durk pleads 'not guilty' to murder for hire
Durk Devontay Banks pleaded "not guilty" in a Los Angeles courtroom where he was arraigned Thursday on charges accusing him ...
Stock market today: Wall Street weakens as its post-election boom slows some more
The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics ...
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 ...
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 ...
Benzinga (Video) on MSN4h
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 ...
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 says open to talks with companies interested in assets
CEO says the company is well positioned to move ahead as an independent public company after Capri and Tapestry (TPR) ...
Joplin Globe7h
Stock market today: Wall Street edges lower as its momentum slows some more
U.S. stocks are edging lower as the market’s big burst following Donald Trump’s election continues to cool. The S&P 500 was ...
Capri terminates Tapestry merger citing regulatory hurdles
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
bovnews7h
What’s Behind Tapestry’s (TPR) Explosive Stock Rally? Here’s What You Need to Know
In addition to the repurchase program, Tapestry has reaffirmed its commitment to maintaining a strong dividend payout of $1.40 per share in fiscal year 2025. The company’s management is confident that ...