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 ...
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 ...
Midday stock movers: Tapestry, Capri, Deckers Outdoor, Spirit Airlines, and more
The stock market is trading higher midday. The S&P 500 added 0.27% while the tech-heavy Nasdaq Composite climbed 0.96%. The ...
Tapestry price target raised to $63 from $47 at Evercore ISI
Evercore ISI raised the firm’s price target on Tapestry (TPR) to $63 from $47 and keeps an Outperform rating on the shares after a court ...
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 ...
Judge Blocks Luxury Fashion Deal, Citing Risk of Higher Handbag Prices
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 ...
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The ...