Capri, the parent company of fashion brands Michael Kors and Jimmy Choo, saw its stock tank nearly 50% on Friday after a federal judge blocked its pending $8.5 billion merger with Coach owner ...
A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S. District ...
A US judge blocked the pending $8.5 billion merger of handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission that is a likely death blow for ...
That is bad news for Capri, whose top brand Michael Kors has only deteriorated since the deal was first struck. The market reaction is telling. Capri stock had already fallen a long way from ...
Shares of Capri, the owner of fashion brands including Michael Kors, nearly halved on Friday after a US judge blocked its proposed $8.5bn deal with Tapestry, in a big win for antitrust regulators.
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Michael Kors testified the merger would have revitalized his brand. A federal judge in New York on Thursday sided with the Federal Trade Commission, effectively blocking the $8.5 billion merger of ...
We’re talking about the iconic Gucci logo belt. While we hear about statement shoes or the “It” bag of the season, belts don’t get nearly as much love. But as the double-G belt — and ...
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors. By Lauren Hirsch and Jordyn Holman A federal judge moved ...
Stop what you're doing—Michael Kors just kicked off its Black Friday Preview sale and the deals are to die for. If your current handbag is looking a little dull, a new Michael Kors purse can ...
North Korean Dictator Kim Jong-Un has sent troops to Russia, the Pentagon confirmed Wednesday. Defense Secretary Lloyd Austin confirmed the troop movement in a statement, saying it would be a "a ...
Belts exist squarely at the intersection of function and style. Sure, they can keep a pair of too-large pants from sagging. But the right belt can also inject a dose of personality or whimsy into ...