Capri Holdings Limited Stock News

When the Federal Trade Commission on Monday sued to block Tapestry Inc.'s acquisition of Capri Holdings, the agency said it was trying to keep handbags made by brands like Coach, Kate Spade and Michae

The US Federal Trade Commission sued to stop Tapestry's $8.5 billion takeover of rival Capri Holdings, saying the acquisition would harm consumers by raising prices on handbags and accessories in the

The planned merger of fashion groups Tapestry Inc (NYSE:TPR), which owns Kate Spade and Coach, and Capri Holdings, which owns Michael Kors, Versace and Jimmy Choo, has been blocked by the US antitrus

Tapestry had offered to buy Capri in August, hoping to create a US fashion behemoth that could effectively battle bigger European rivals such as Louis Vuitton parent LVMH.

The Federal Trade Commission on Monday sued to block Tapestry Inc.'s TPR, -0.76% $8.5 billion acquisition of Capri Holdings CPRI, -1.48%, arguing that a deal would reduce competition and allow Tapestr

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings

The $8.5 billion Tapestry acquisition of Capri Holding deal announced last August is on ice, after the NYT Dealbook broke the news the Federal Trade Commission may sue to block the agreement.

The FTC is reportedly planning to file suit to block a merger between luxury fashion firms Tapestry and Capri, the parent companies of several prominent brands like Versace and Coach.

The U.S. Federal Trade Commission (FTC) is preparing to sue to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri Holdings , NYT Dealbook reported on Wednesday, citing peo

The apparel business is one that is wrought with difficulties. Not only are the companies required to constantly adjust to the fickle consumers' clothing preferences, but they are also have to efficie

BMRC, CPRI and CMAX have been added to the Zacks Rank #5 (Strong Sell) List on April 1, 2023.

ASLE, CPRI and CMAX have been added to the Zacks Rank #5 (Strong Sell) List on March 28, 2023.

ANIOY, CPRI and TCS have been added to the Zacks Rank #5 (Strong Sell) List on March 21, 2023.

Tapestry's latest quarterly earnings exceeded expectations, with management raising full-year EPS guidance. The company is making progress toward closing on its acquisition of Capri Holdings, represen

While the Houthi attacks on cargo ships in the Red Sea have impacted global supply chains, U.S. retailers are better positioned to deal with the disruption than their European counterparts, according