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 ...
Leading global hospitality company, Hilton (NYSE: HLT), announced the signing of a franchise agreement for the upcoming conversion of The Sens Cancun Adults Only All-Inclusive Resort, Tapestry by ...
The Bayeux Tapestry, which measures about 230 feet long by 20 inches tall, depicts events leading to the Norman Conquest of England in the year 1066, with a climax at the Battle of Hastings ...
During Monday night’s City Council meeting, the council discussed the redevelopment of the property, highlighting a $60 million proposal involving a Hilton Tapestry Collection hotel with 175 ...
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 (AP) — Tapestry and Capri 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 Michael Kors ...
Credits: Courtesy of the respective brands. On Thursday, October 24, a US judge opted to block Tapestry’s attempt to buy competitor Capri Holdings, with “loss of head-to-head competition” cited as the ...
“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...
Oct 25 (Reuters) - Capri shares (CPRI.N), opens new tab slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent Tapestry <TPR.N>, hurting the ...
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 ...