(Reuters) -Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to ...
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 ...
It’s the most wonderful time of the year — when Michael Bublé goes mega-viral for his Christmas memes. Several memes of the “Haven’t Met You Yet” singer reemerge every holiday season ...
Veteran journalist finished a nearly 20-year run at publication as content director of ‘B+C,’ ‘Multichannel News’ and ‘Next TV’ He was an active member of the Television Critics Association and ...
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 ...
Michael Jeffries, 80, of West Palm Beach, Florida, appeared in a Central Islip courtroom Friday on an indictment charging him with one count of sex trafficking and 15 counts of engaging in ...
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 ...
Tapestry Inc.’s $8.5 billion acquisition of Michael Kors owner Capri Holdings Ltd. has been handbagged. On Thursday, US District Judge Jennifer Rochon froze the deal, concluding that it would ...
A recent video from Miss Grand International 2024 has ignited intense discussion across social media platforms after Pakistani contestant Roma Michael participated in the competition’s bikini round.
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 ...
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.