FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight Saying It’s ‘Pro-Consumer’
A federal court sided with the FTC to block Tapestry acquiring Capri Holdings, in a move Tapestry claims is "incorrect on the ...
Capri stock craters 45% after judge blocks $8.5 billion Tapestry deal
Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry.
Capri's Outlook Dims After Tapestry Deal Gets Blocked
Capri, already struggling, could look to sell Versace and even go private to right itself, according to analysts.
Tapestry Fashion Deal in Limbo as Capri Plunges, Arbs Take Hit
A court order freezing Tapestry Inc.’s $8.5 billion acquisition of Capri Holdings Ltd. has put the fashion deal in jeopardy, ...
Capri Sinks After FTC Wins Halt to $8.5 Billion Tapestry Tie-Up
Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 ...
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Tapestry-Capri merger blocked: Why it matters
The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.
Capri Tumbles 46% After US Court Blocks $8.5 Billion Merger With Tapestry
(Reuters) -Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach ...
A Judge Just Blocked the $8.5 Billion Merger of Coach and Versace’s Parent Companies
A judge just blocked the $8.5 billion merger between Tapestry and Capri Holdings. The former owns brands like Coach; the ...
A Refocused Capri Holdings Looks Like A Steal Under $25
Capri Holdings' stock has plummeted nearly 50% in post-market trading after Tapestry's proposed acquisition with Tapestry was ...
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers ...
With Tapestry Deal Unraveling, Michael Kors's Owner Is Left Holding the Bag
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition ...
Coach’s Brand Strength Provides Tapestry With a Competitive Advantage
Coach is a popular brand among Chinese consumers and has room for growth. Bain estimates these consumers will make up about 40% of worldwide luxury good spending in 2030, up from 33% in 2019. Tapestry ...