The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and Michael Kors shoes, handbags and accessories, with Tapestry, which ...

(Reuters) -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 ...

Stop what you're doing—Michael Kors just kicked off its Black Friday Preview sale and the deals are to die for. If your current handbag is looking a little dull, a new Michael Kors purse can ...

A federal judge backed them, slamming the brakes on the merger before it could leave the station. Both companies decided to cut their losses and move on, leaving investors and analysts questioning ...

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 ...

Michael Kors testified the merger would have revitalized his brand. A federal judge in New York on Thursday sided with the Federal Trade Commission, effectively blocking the $8.5 billion merger of ...

Below is an excerpt from the September 2021 issue of Harper’s Bazaar—a conversation between Michael Kors and Irina Shayk about the designer’s 40 year anniversary in New York—in honor of ...

A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S. District ...

Shares of Capri, the owner of fashion brands including Michael Kors, nearly halved on Friday after a US judge blocked its proposed $8.5bn deal with Tapestry, in a big win for antitrust regulators.

The announcement sent shares of Capri CPRI — the owner of Versace, Jimmy Choo and Michael Kors — down 45% in after-hours trade. Shares of Tapestry TPR — which oversees Coach, Kate Spade and ...