Capri, Tapestry

Michael Kors owner Capri’s shares crater after $8.5bn merger blocked
Decision is a win for antitrust regulators who argued deal with Kate Spade owner Tapestry would strangle competition
FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight For The Consumer
A federal court sided with the FTC to block Tapestry acquiring Capri Holdings, in a move Tapestry claims is "incorrect on the law and the facts." It plans to appeal.
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings 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 handbags, accord
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.
Capri tumbles 46% after US court blocks $8.5 bln merger with Tapestry
Capri shares 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 Michael Kors owner's chances of navigating challenges at the luxury brand.
US court blocks Capri-Tapestry $8.5bn merger
Global luxury fashion group Capri Holdings’ prospective $8.5bn merger with lifestyle brand Tapestry has been stalled by Jennifer Rochon, a US district judge. The merger has been halted, citing concerns of reducing competition in the luxury handbag market,
Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
A federal judge blocked Tapestry's acquisition of Capri on Thursday following a brief trial last month in New York. In her ...
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 ...
Capri Holdings: Why I'm Not Buying After Sell-Off (Downgrade)
The FTC's antitrust decision against Capri's merger with Tapestry has halved CPRI stock. Click here for a detailed analysis.
Judge blocks $8.5B merger of luxe brands Coach, Michael Kors in shock setback
The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing ...
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$1B EV writedown dents Ford's bottom line; Coach, Kors parents appeal legal ruling
NEW YORK — Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a judge to ...
Coach-Michael Kors Deal Blocked by Judge
A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a ...