Capri terminates Tapestry merger citing regulatory hurdles
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due to regulatory challenges posed by an FTC lawsuit.
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
Capri Holdings Announces Termination of Merger With Tapestry
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the mutual termination of its definitive merger agreement with Tapestry, Inc. Capri and T...
Capri Holdings (CPRI) International Revenue Performance Explored
Examine the evolution of Capri Holdings' (CPRI) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Capri Holdings (CPRI) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Evaluate the expected performance of Capri Holdings (CPRI) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its ...
Capri Holdings Stock Tanks 50% After FTC Blocks Tapestry Merger. What Should Investors Do Now?
Tapestry's acquisition of Capri has been blocked.
Michael Kors owner's stock craters after judge blocks $8.5B merger of top US handbag makers
FTC sued to block the deal in April, saying it would eliminate "direct head-to-head competition" between the top two US handbag makers.
Capri shares tumble 46% after US court blocks $8.5 bln merger with Tapestry
Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending $8.5 billion merger with handbag maker Tapestry.
Shares in Michael Kors owner Capri tank after $8.5bn Tapestry deal is blocked
A US judge has temporarily halted an $8.5 billion merger betweenTapestry Inc (NYSE:TPR) and Capri, blocking the combination of major fashion brands such as Michael Kors, Kate Spade, and Coach. Judg...
Capri Holdings Files Notice of Appeal
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today reported that, consistent with the requirements of the merger agreement, it intends to jointly file...
US court blocks Tapestry's $8.5 billion acquisition of rival Capri
A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a victory for the U.S. Federal Trade Commission in an industry where merge...
GAP vs. CPRI: Which Stock Is the Better Value Option?
Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either Gap (GAP) or Capri Holdings (CPRI). But which of these two stocks offers value investors a better...
In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era
Fashion designer Michael Kors testified Monday about competition in the handbag industry. The Federal Trade Commission is seeking to block Tapestry's $8.5 billion acquisition of Capri, which would ...
Retail Earnings: Value, Caution, and Luxury in a Shifting Market
Retail sector earnings season is about more than the statistics and metrics of your favorite retail brand. It's a window into the evolving dynamics of consumer behavior and the economic forces shap...
Capri Holdings (CPRI) Q1 Earnings & Revenues Miss on Soft Demand
Capri Holdings' (CPRI) first-quarter fiscal 2025 results reflect the impact of sluggish global demand for luxury fashion goods. Sales decrease for Versace, Jimmy Choo and Michael Kors.
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