Tapestry dodged a bullet by canceling its acquisition of Capri Holdings. It is freed from taking on the many problems at ...
The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and ...
Paul Lejuez, an analyst from Citi, maintained the Hold rating on Capri Holdings (CPRI – Research Report). The associated price target was ...
In a report released today, Ike Boruchow from Wells Fargo maintained a Hold rating on Capri Holdings (CPRI – Research Report), with a ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
Now Capri is pressing forward with a revamp that will include store closures and a marketing push for its Michael Kors brand.
(Reuters) -Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.