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Capri, Tapestry and Michael Kors
Capri Shares Tumble 46% After US Court Blocks $8.5 Billion Merger With Tapestry
(Reuters) - Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending $8.5 billion merger with handbag maker Tapestry.
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.
Judge sides with FTC, blocking Kate Spade and Michael Kors merger
A federal judge has sided with the Federal Trade Commission, effectively blocking a merger of the company behind Kate Spade with the company that controls Michael Kors.
2h
on MSN
Tesla shares take a break from soaring as investors punish Michael Kors-owner for court loss
China markets rose slightly while Japan's sagged before its Sunday elections. The biggest action was in the U.S. where Tesla ...
1h
on MSN
5 things to know before the stock market opens Friday
Tesla stock had its best day since 2013. Microsoft CEO Satya Nadella asked for a reduction in the cash incentive portion of ...
2h
How to Be a Maker of Positive Change, According to CFDA Honoree Michael Kors
On Monday night, Michael Kors will take the stage at the American Museum of Natural History to receive a much-deserved prize.
2d
Michael Kors is selling a stunning crossbody bag that's the 'perfect size' for under $100 — plus more deals on bags & more
Shoppers love that the Emilia Small Pebbled Leather Satchel is both cute, practical and made of quality material. They say it ...
1d
on MSN
Meet the Manhatta Bag, Michael Kors’s Accessory of the Season
Michael Kors can’t shake the memory of a 1986 AIDS fundraiser fashion show held at the original Barneys New York location on ...
12h
Judge Blocks Luxury Fashion Deal, Citing Risk of Higher Handbag Prices
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 ...
10h
US Court Blocks Coach Owner's $8.5 Bn Buyout Of Versace Parent
A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including ...
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