In a stunning turn of events, a judge ruled in favor of the U.S. government and blocked the proposed merger between handbag and fashion rivals Capri Holdings (NYSE: CPRI) and Tapestry (NYSE ...
The company must renew its focus, but a turnaround won't be easy. Tapestry, meanwhile, has seen flattish revenue the past couple of years and must find a new way to drive growth. The FTC lawsuit ...
Copyright 2024 The Associated Press. All Rights Reserved. FILE - A chain of the Coach brand, owned by parent company Tapestry, is seen, May 3, 2019, at the Citadel ...
NEW YORK -- Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach and ...
This article on the Tapestry-Capri merger is part of our Vogue Business Membership package. To enjoy unlimited access to Member-only reporting and insights, our NFT Tracker, Beauty Trend Tracker and ...
Capri shares plunge after antitrust enforcer gets deal frozen Tapestry said halt would kill union; FTC cited hit to rivalry Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge ...
Tapestry Inc.’s $8.5 billion acquisition of Michael Kors owner Capri Holdings Ltd. has been handbagged. On Thursday, US District Judge Jennifer Rochon froze the deal, concluding that it would ...
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition concerns. That is bad news for Capri, whose top brand Michael Kors has only ...
the off-cuts that make up a “tapestry of a creative life”. It’s a very long creative life. He began The Weirdstone of Brisingamen in 1957, and published Treacle Walker in 2021. He calls the pieces ...
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