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 ...
(Reuters) - Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.