Tapestry Fashion - Search News

Capri, Tapestry Scrap Merger

The Washington Post on MSN · 1d

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.

Fortune on MSN · 1d

Here’s what comes next for Tapestry and Capri after the death of their major fashion merger

What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands confirmed that their $8.5 billion deal is off. When it was announced last year, the acquisition of Capri by Tapestry was touted as a way to bring several famous brands under the same roof.

GlobalData on MSN · 22h

Tapestry and Capri mutually agree to terminate $8.5bn merger

Tapestry, a US conglomerate of luxury fashion brands, has officially terminated its merger agreement with Capri Holdings, owner of Versace, Jimmy Choo and Michael Kors. This decision to abandon the merger plans comes after a US district judge Jennifer Rochon stalled the prospective $8.

14h

Tapestry Made The Right Decision To Go It Alone Without Capri Dragging It Down

Tapestry dodged a bullet by canceling its acquisition of Capri Holdings. It is freed from taking on the many problems at ...

1d

Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks

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

1d

Why Tapestry (TPR) Stock Is Trading Up Today

Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) jumped 13.2% in the afternoon session after the company announced ...

1don MSN

Maker of Coach handbags calls off merger with company that produces Michael Kors accessories

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

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