Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Capri Holdings and Tapestry mutually agreed to terminate their planned $8.5 billion merger following an FTC lawsuit that ...
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands ...
Tapestry terminates its acquisition of Capri, owner of Michael Kors, due to legal challenges, boosting shares and unveiling a ...
Led by a sizeable drop in sales for both Versace and Michael Kors, Capri (NYSE:CPRI) reported worse-than-expected results for the fiscal second quarter, driving shares more than 7% lower after the ...
Capri Holdings is still looking to find its ... which led to $3 million in operating losses. Michael Kors’ top line dropped 16 percent to $738 million, with retail sales decreasing by midsingle ...
Capri said Michael Kors' quarterly revenue, which contributed 68% to its total sales in 2024, declined 16%, compared with an 8.6% drop a year earlier. The company's quarterly margin was 64.3% ...
Capri Holdings is still looking to find its footing ... Revenue in the Americas was down 33 percent, which led to $3 million in operating losses. Michael Kors’ top line dropped 16 percent to $738 ...