The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Key Takeaways The stocks of Tapestry and Capri Holdings moved in opposite directions Thursday after the brands called off a ...
Tapestry, the owner of Coach and Kate Spade, and Capri Holdings, the parent company of Versace and Michael Kors, on Thursday ...
Tapestry, Inc. (NYSE:TPR) shares are trading higher premarket on Thursday after the company disclosed that it has reached an ...
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 ...
The $8.5 billion acquisition, originally announced in August 2023, would have married America's two largest luxury houses and ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ...
Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.
Key Takeaways Versace's parent company, Capri Holdings, reported fiscal-second-quarter results that missed analysts' ...
Capri (CPRI) reports worse-than-expected FQ2 results as losses in Versace and Michael Kors weigh on results. Read more here.