Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...

The Federal Trade Commission won its lawsuit to block the planned merger between Tapestry Inc. and Capri Holdings, an FTC spokesperson confirmed to sister publication Fashion Dive on Thursday.

NEW YORK, Oct 24 (Reuters) - A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry (TPR.N), opens new tab and Capri (CPRI.N), opens new tab on ...

Shares of Capri tumbled after a federal judge blocked the company's $8.5 billion sale to its fashion rival Tapestry. Capri's stock fell 50% to $20.85 in post-market trading on Thursday ...

Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by ...

Achieve your fitness in style with these top picks of the best workout clothes for women. Whether you like yoga, running, or training at the gym.

The legend is back for the first time in nearly four decades. Ford’s new Capri EV is headed to the first customers across Europe. Following the electric Explorer, the new Capri is Ford’s ...

The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors. By Lauren Hirsch and Jordyn Holman A federal judge moved ...

Capri Holdings (NYSE:CPRI) took a nosedive Friday, with shares sinking 48% after a U.S. judge shut down its $8.5 billion merger with Tapestry (NYSE:TPR), the parent of Coach. The ruling marked a ...

A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a victory for the US Federal Trade Commission in an industry where merger ...