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

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

Sales are thriving in the uncanny valley of printed denim. By Jacob Gallagher Acne Studios, the Swedish fashion house, makes $800 jeans that look like something a roofer would wear to a rave.

Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by ...

“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...

Capri Holdings (NYSE:CPRI) plunged 50% in after hours trading after a federal judge blocked its $8.5 billion planned sale to Tapestry (TPR). Shares of Tapestry jumped 7.5%. US District Judge ...

Capri Holdings shares plummeted 45% soon after the market opened Friday after a federal judge blocked Coach owner Tapestry's $8.5 billion acquisition of the Versace and Michael Kors parent.

Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...

The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors. By Lauren Hirsch and Jordyn Holman A federal judge moved ...

Capri Holdings shares fell 48% after a judge blocked its acquisition by Tapestry, which plans to appeal the ruling. Wells Fargo lowered Capri's price target from $42 to $23, while Tapestry's ...

(Bloomberg) -- Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and ...

A slew of luxury brands will remain separate entities for now. On Thursday, a judge blocked the merger of Tapestry and Capri Holdings, two companies that oversee a number of accessories brands ...