Shares of Capri Holdings, the parent company of luxury accessory brand Michael Kors, plummeted Friday after a judge on Thursday blocked its $8.5 billion buyout from Coach-owner Tapestry.The judgment ...
The announcement sent shares of Capri (CPRI) - the owner of Versace, Jimmy Choo and Michael Kors - down 45% in after-hours trade. Shares of Tapestry (TPR) - which oversees Coach, Kate Spade and Stuart ...