A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S.
Shares of Capri tumbled after a federal judge blocked the company's $8.5 billion sale to its fashion rival Tapestry. Capri's stock fell 50% to $20.85 in post-market trading on Thursday, while Tapestry ...