Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC ...
19 hours ago · The deal would have brought six brands under one roof: Tapestry's Coach, Kate Spade and Stuart Weitzman; and Capri's Versace, Jimmy Choo and Michael Kors.
Maker of Coach Handbags Calls off Merger With Company That …
16 hours ago · 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 ...
Maker of Coach handbags calls off merger with company that …
16 hours ago · 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 produces the same products under the Coach, Kate Spade New York, and Stuart Weitzman brands. But the deal has faced numerous obstacles.
Coach parent Tapestry ends $8.5 billion deal for Capri - RTÉ
1 day ago · Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said today, ending their effort to create a US luxury giant to compete with ...
Coach And Michael Kors Owners Merge In $8.5 Billion Deal To ... - Forbes
Aug 10, 2023 · The luxury conglomerate behind Coach, Kate Spade and Stuart Weitzman is growing by three more brands with the $8.5 billion purchase of Michael Kors-founded Capri Holdings Limited, merging...
Coach owner's Michael Kors deal creates US giant to take on …
Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at $8.5 billion, creating a U.S. fashion powerhouse to challenge larger...
Coach: US sues to block its parent merger with Michael Kors owner - BBC
The US competition watchdog has sued to block fashion accessory giant Tapestry's $8.5bn (£6.9bn) takeover of rival Capri. Tapestry owns handbag makers including Coach and Kate Spade, while Capri...
Coach owner Tapestry to acquire Michael Kors, Jimmy Choo …
Aug 10, 2023 · The deal would create an American fashion giant that brings Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo and Michael Kors under one house. Tapestry has pushed to elevate its brands...
Coach Owner to Buy Parent of Versace and Michael Kors in …
Aug 10, 2023 · Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about $8.5 billion in cash, as...
FTC sues to block $8.5 billion merger of Coach and Michael Kors …
Apr 22, 2024 · FTC sues to block $8.5 billion merger of Coach and Michael Kors owners. The Federal Trade Commission is suing to block Tapestry's $8.5 billion acquisition of Capri Holdings, saying the deal...