Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...

For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...

Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...

The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...

After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...

A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition concerns. That is bad news for Capri, whose top brand Michael Kors has only ...

The results were in contrast to those of Coach-parent Tapestry, whose $8.5 billion deal to buy the company was blocked by a U.S. judge last month. Capri said Michael Kors' quarterly revenue ...

A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The ...

The FTC alleged that merging Tapestry-owned brands Coach and Kate Spade with Capri’s Michael Kors would hinder competition in the market for “accessible luxury” handbags. In its complaint ...