The proposed $8.5 billion merger was first announced in August 2023 but has faced scrutiny from the Federal Trade Commission (FTC), which sued to block the deal earlier this year over concerns it ...

Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit by the U.S.

The HSR Rules have now been published in the Federal Register, which puts them on track to be effective on February 10, 2025.

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

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

U.S. stocks are drifting at the open of trading as the market’s big burst following Donald Trump’s election continues to cool ...

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

Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't expect to overcome an antitrust challenge within an acceptable time frame.

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

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