After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
Capri Holdings (CPRI) is down more than -3% after announcing it mutually agreed to terminate its merger with Tapestry. Ibotta (IBTA) is down more than -13% after forecasting Q4 revenue of $100 million ...
The luxury fashion brand merger between Capri and Tapestry is officially off, as the two companies announced Thursday that they will abandon the merger because they were unlikely to gain regulatory ...
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
Tapestry (TPR) shares soared on Thursday to an 11-year high after the parent of Coach and Capri Holdings (CPRI) called off ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Luxury retailers Capri Holdings (CPRI) and Tapestry (TPR) have called off their planned $8.5 billion U.S. merger. The deal has been scuttled after the Federal Trade Commission (FTC) successfully sued ...