Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by ...
TPR pulls out of the merger with Capri, redirecting efforts toward expanding its business and enhancing shareholder value. Luxury fashion parent company of Coach and Kate Spade, Tapestry and ...
Capri's stock plunged on the news, as the company has struggled since agreeing to be acquired. The company must renew its focus, but a turnaround won't be easy. Tapestry, meanwhile, has seen ...
“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...
Controversy ahoy. Ford has taken design cues – the front and rear faces, the window outline and cabin silhouette – from its old drag queen the Capri. The Capri was a coupé version of the Cortina.
The newest American fashion conglomerate is off the cards — pending an appeal. On 24 October, a US judge blocked the Tapestry-Capri merger following an eight-day trial, which ended on 17 September and ...
Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...
Capri Holdings shares plummeted 45% soon after the market opened Friday after a federal judge blocked Coach owner Tapestry's $8.5 billion acquisition of the Versace and Michael Kors parent.