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Capri, Tapestry Scrap Merger After FTC Wins Blocking Order
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed combination of the US fashion companies due to antitrust regulators’ objections.Tapestry,
Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock
Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to compete with major European players.
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 including Michael Kors and Versace, following a successful legal challenge by US regulators.
3h
on 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 ...
1h
More space, less money: Michael Kors halves rent at Plaza District property
Hartz Mountain Industries secured fashion retailer Michael Kors at 667 Madison through 2034, but at a notable cost.
Yahoo
1d
Walmart Is Selling a 'Gorgeous' $268 Michael Kors Crossbody for Just $60, and Shoppers Are Obsessed
Related: Walmart Is Selling This 'Beautiful' $348
Michael
Kors
Crossbody For Only $131 — Act Fast Before It's Gone The ...
Crain's New York
1d
Michael Kors lands a half-price deal for its Plaza District store
Michael Kors effectively cut its rent in half while expanding its location at 667 Madison Ave., becoming the latest big ...
6d
on MSN
Capri sales drop 16% as Versace and Michael Kors hit by weak demand for luxury goods
Led by a sizeable drop in sales for both Versace and Michael Kors, Capri (NYSE:CPRI) reported worse-than-expected results for ...
E!
2d
These Michael Kors’ Designer Handbags Are All Under $150 With an Extra 22% off for Singles’ Day
The Singles’ Day sale has made its way to Michael Kors this year, just in time to treat ourselves ahead of the holidays with ...
New York Post
19d
Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
Capri, the parent company of fashion brands
Michael
Kors
and Jimmy Choo, saw its stock tank nearly 50% on Friday after a federal judge blocked its pending $8.5 billion merger with Coach owner ...
9m
Southern Living saves your holiday: List of over 30 early Black Friday deals on Amazon
Amazon is already offering Black Friday deals, and Southern Living has saved the day with a list of over 30 early deals ...
Yahoo
1d
Amazon’s Black Friday Sale Starts Earlier Than Ever With Deals On Michael Kors, Dyson, And More
To keep you from getting lost in Amazon's extensive deals hub, we did the digging for you and found some exciting discounts ...
Mint
23h
When Michael Kors and Anushka Sharma co-designed a watch
Michael
Kors
recently collaborated with actor Anushka Sharma to launch an exclusive limited-edition timepiece. This is ...
The New York Times
2h
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of
Michael
...
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Capri
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