Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) jumped 13.2% in the afternoon session after the company announced ...
Tapestry is terminating its $8.5 billion deal to buy Michael Kors-owner Capri following a legal hurdle, the companies said on ...
Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
Tapestry and Capri have mutually agreed to call of their merger. The parent companies behind Coach and Michael Kors saw ...
So, management needs to own this ongoing failure to drive the sales line.” Saunders also said that the prospect of an ...
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
Tapestry: Capri said Michael Kors' quarterly revenue, which contributed 68% to its total sales in 2024, declined 16%, ...