In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close competitors" and that the merger would result in "the loss of head-to-head ...

Shares of Michael Kors parent Capri unraveled early Friday after a judge blocked its $8.5 billion merger with Coach owner Tapestry.

The U.S. District Court for the Southern District of New York granted the U.S. Federal Trade Commission's motion for a ...

Capri Holdings tumbles after judge blocks $8.5B sale to Tapestry. Spirit Airlines to sell planes, cut jobs to boost liquidity ...

Tapestry agreed to buy Capri last year to create a U.S. luxury giant that could compete better with larger European rivals by ...

Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending ...

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...

A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags.

Decision comes as a win for the Biden administration ahead of the Nov 5 presidential election, in which rising consumer ...

NEW YORK - A US judge on Oct 24 blocked fashion group Tapestry’s US$8.5 billion (S$11.2 billion) deal to buy Capri, which ...

A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...