Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.
Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
Key Takeaways The stocks of Tapestry and Capri Holdings moved in opposite directions Thursday after the brands called off a planned merger.Tapestry, which owns Coach and Kate Spade, said it will shift its capital to an expanded stock buyback program.
Tapestry’s stock pops and Capri falls as fashion giants scrap merger deal
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
Capri, Tapestry Scrap Merger After FTC Blocked Deal
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed combination of the US fashion companies due to antitrust regulators’ objections.
Capri terminates Tapestry merger citing regulatory hurdles
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due to regulatory challenges posed by an FTC lawsuit.
Tapestry, Inc. Announces Termination of Merger Agreement With Capri Holdings Limited
Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today announced that it reached an agreement with Capri Holdings Limited (NYSE: CPRI) to terminate the merger agreement between the parties.
Capri Holdings announces termination of merger with Tapestry
Capri Holdings (CPRI) announced the mutual termination of its definitive merger agreement with Tapestry (TPR). Capri and Tapestry mutually
Kate Spade Just Opened Up Shop at Amazon, and We Picked Out the Best Gifts for the Holiday Season
Attention, shoppers! Kate Spade New York finally opened up shop at Amazon — just in time for the holiday season.
The best Kate Spade bags to complete your wardrobe
There are several types of Kate Spade bags, including shoulder bags, totes, satchels, crossbodies, clutches and backpacks.
Zappos has a bunch of stocking stuffers under $50 from brands you love
Zappos is more than the go-to site for deals on shoes, and while there are a bunch of shoes on sale, you can’t overlook the ...
I scrolled through 800+ Kate Spade Outlet early Black Friday deals — behold the top 10
Bag up the savings! Score a gorgeous crossbody for $70 (from $299), a chic leather satchel for $100 (from $429), an $83 tote ...
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Kate Spade Outlet’s Early Black Friday Sale - Get a $259 Bag for $59
Black Friday is fast approaching, so don't wait to shop these deals. Get $59 crossbodies, $25 wristlets, $96 shoulder bags, ...
Kate Spade Outlet has an extra 25% off already discounted handbags in a huge early Black Friday sale
Kate Spade Outlet is already offering early Black Friday deals with an extra 25% off already reduced handbag styles — but ...
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M&M’s® x kate spade new york Launch Candy-Inspired Capsule Collection!
M&M’s® and kate spade new york have announced the launch of an exciting, limited-edition collection of candy-themed handbags, ...
S&P 500 Gains and Losses Today: Government Contractors Lose Ground, Tapestry Rises
Key Takeaways The S&P 500 slipped 0.6% on Thursday, Nov. 14, 2024, as hotter-than-expected wholesale inflation data raised ...
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Kate Spade Black Friday 2024: When to score the best holiday deals on handbags, wallets and more
If you want to score a major deal on a Kate Spade handbag, its Black Friday sale is one of the best times to save. Kate Spade offers some of its best discounts over Black Friday, so you’ll can ...