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The Owner of Coach Abandons Its $8.5 Billion Bid to Take Over Versace’s Parent Company
Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while Capri owns Versace.
Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock
Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to compete with major European players.
Coach owner Tapestry calls off Capri bid on regulatory blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge
1h
Here’s what comes next for Tapestry and Capri after the death of their major fashion merger
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
5h
on MSN
Coming undone: Balance restored in luxury category as Tapestry and Capri call off merger
To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...
4h
on MSN
Sir Elton John sent his cook to Italy to learn to make risotto after dinner with Gianni Versace
Sir Elton John and his husband David Furnish have confirmed rumours that they sent their cook to Italy to learn to make ...
7h
on MSN
Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
6h
on MSN
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
The Source Magazine
2d
Versace’s Iconic Medusa Biggie Sunglasses Now Comes In More Colors and Sizes
Also known as Biggie Smalls or just Biggie, the rapper is still celebrated for his distinct creative flair. Outside of his ...
1h
Tapestry and Capri Terminate $8.5 Billion USD Merger
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
2d
Donatella Versace's makes surprising revelation afterTaylors Swift's latest Chiefs outfit
Taylor Swift may be known for her music, but her recent game-day style has been catching just as much attention. At Sunday's ...
3d
Taylor Swift turns Donatella Versace into a football fan after thrilling Chiefs game
The iconic Italian fashion designer loved that the pop superstar suited up in head-to-toe Versace for Sunday’s epic ...
3d
on MSN
Taylor Swift suits up in Versace plaid for Chiefs-Denver game before final Eras Tour leg
While boyfriend Travis Kelce wore a slouchy grandpa sweater, the pop superstar was all business in a matching Versace jacket ...
2d
Exclusive: Versace's New Tag Bag Is the Perfect Canvas for All Your Bag Charms
If you love the trend of accessorizing your accessories, and bag charms specifically, do we have a new It Bag for you.
TORK US on MSN
4h
Who Knew? The Distinctive Versace x Lamborghini Collaboration
Let's take a trip down memory lane and check out Lamborghini's project with Versace. Italian style meets supercar power. You ...
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