Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC ...
1 day 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 …
1 day 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.
Maker of Coach Handbags Calls off Merger With Company That …
1 day 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 ...
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 ...
Capri and Tapestry End Merger Plan After FTC Wins Blocking Order
1 day ago · Capri Holdings Ltd and Tapestry Inc. have ended an $8.5 billion plan to merge after a US court order freezing the deal due to US antitrust regulators’ objections.
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 two...
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’s $8.5 Billion Purchase Of Michael Kors, Jimmy Choo ... - Forbes
Aug 10, 2023 · Tapestry, the owner of the Coach, Kate Spade and Stuart Weitzman brands, is in talks to take over Capri Holdings, the owner of the Michael Kors, Versace and Jimmy Choo brands, the Wall Street...
Coach owner Tapestry to acquire Michael Kors, Jimmy Choo …
Aug 10, 2023 · It brings together six fashion brands: Tapestry's Coach, Kate Spade and Stuart Weitzman and Capri's Versace, Jimmy Choo and Michael Kors. Together, the company will have the size and scale to...
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...