Coach parent Tapestry pauses Capri integration plans amid appeal to lift block Tapestry raised its annual earnings target and topped market expectations for first-quarter revenue on Thursday, as the Coach parent benefited from full-prices sales of its popular Tabby handbags. 11/7/2024 - 3:27 am | View Link
Judge halts Coach-Michael Kors merger Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade Commission charged. And now a federa ... 10/25/2024 - 4:05 am | View Link
Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers Capri, the parent company of fashion brands Michael Kors and Jimmy Choo, saw its stock tank by more than 50% in pre-market trading on Friday after a federal judge blocked its pending $8.5 billion ... 10/25/2024 - 3:54 am | View Link
Coach-Michael Kors Deal Blocked by Judge A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a house of brands that would include Coach, Kate Spade, Michael Kors, Versace ... 10/25/2024 - 3:24 am | View Link
Makers of Coach and Michael Kors handbags blocked from merger in antitrust case Specifically, Tapestry's Coach and Kate Spade brands and Capri's Michael Kors brand are close rivals in the handbag market. The FTC had said that they continuously monitor each other's handbag brands ... 10/25/2024 - 2:03 am | View Link
Mark Cuban said companies are already bracing for Donald Trump's tariff proposals. Borja B. Hojas/Getty ImagesMark Cuban has criticized Donald Trump's tariff proposals. In a Threads post on Friday, he said companies are already bracing for impact. Many economists say the tariffs will be inflationary as costs are passed down to consumers.