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Capri, Tapestry Scrap Merger

The New York Times · 18h

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 Kors, after the Federal Trade Commission successfully sued to stop the transaction.

Capri outlines return to growth plan as Tapestry merger falls apart

Luxury fashion parent company of Coach and Kate Spade, Tapestry and global fashion luxury group Capri Holdings have mutually agreed to end their merger plans amid regulatory challenges.

The Washington Post on MSN · 20h

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.

18h

Tapestry's $8.5B Merger Collapses--But Shareholders Are About to Cash In Big

Antitrust regulators killed the deal, but Tapestry's pivot to buybacks and organic growth is stealing the spotlight ...

SchaeffersResearch.com15h

Tapestry Stock Could Extend Rally to 11-Years Highs

Tapestry (TPR) stock is surging amid rival Capri Holding's (CPRI) breakdown, and also flashing a historically bullish signal ...

14h

Tapestry added to Analyst Focus List at JPMorgan

JPMorgan analyst Matthew Boss added Tapestry (TPR) to the firm’s Analyst Focus List as a value pick after the company reached an ...

13h

Tapestry Is Buying Back Bonds Issued to Fund Capri Purchase

Tapestry Inc. is planning to buy back $6.1 billion of bonds it sold to fund its now blocked purchase of Capri Holdings, after ...

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