However, Tapestry and Capri, two American luxury companies, refused to fall behind their European counterparts any longer and ...

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

Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while ...

Capri Holdings and Tapestry mutually agreed to terminate their planned $8.5 billion merger following an FTC lawsuit that ...

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 ...

Tapestry ( (TPR)) just unveiled an announcement. Tapestry, Inc. announced the termination of its merger agreement with Capri Holdings Limited ... while redeeming acquisition-related debt. The company ...

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...

The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...

Capri Holdings and Tapestry have mutually agreed to give up their plans for a merger in light of regulatory pushback.

The news sent Capri's stock crashing, as its shares fell more than 45% while Tapestry shares climbed double-digits. Now that the merger is currently ... waiting for its acquisition to go through ...

In a stunning turn of events, a judge ruled in favor of the U.S. government and blocked the proposed merger between handbag and fashion rivals Capri Holdings ... in April after Tapestry agreed ...