Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...

Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...

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

Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...

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

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 company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't ...

Tapestry and global fashion luxury group Capri Holdings have mutually agreed to end their merger plans amid regulatory ...

Tapestry terminates its acquisition of Capri, owner of Michael Kors, due to legal challenges, boosting shares and unveiling a ...

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

After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...

Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.