Luxury fashion conglomerates Tapestry and Capri Holdings called off their merger Thursday, weeks after a federal judge sided with antitrust regulators who oppose the deal. The fashion houses ...
An attempt to assemble an “accessible luxury” powerhouse in the United States has unraveled. Tapestry, the owner of Coach and Kate Spade, and Capri Holdings, the parent company of Versace and ...
Nov. 14 (UPI) --Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands, respectively -- ended their $8.5 billion merger agreement Thursday.
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 ...
Tapestry, Inc., parent to the Coach and Kate Spade brands, will no longer acquire rival Capri Holding Ltd., which owns Michael Kors, Versace and Jimmy Choo, after the US Federal Trade ...
The Tapestry-Capri merger is officially off. Tapestry announced the termination of the merger on 14 November, after a US judge blocked the deal on 24 October, following the Federal Trade Commission ...
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 ...