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Coach Parent Tapestry Stock Soars, Capri Falls

Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger

Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri Holdings fell after they called off their planned merger over ongoing legal challenges.

Barron's · 19h

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.

Reuters on MSN · 23h

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.

23hon 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 ...

20don MSN

Coach-Michael Kors Deal Blocked by Judge

A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a ...

The Indianapolis Star6d

Shop early Black Friday purse deals for up to 85% off Coach, Michael Kors, Marc Jacobs

From Michael Kors and Kate Spade Outlet to Coach Outlet and Neiman Marcus, there are tons of sales to help fashion enthusiasts secure their dream accessories at unbeatable prices before the ...

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Coach Parent Tapestry Stock Soars, Capri Falls

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