This decision to abandon the merger plans comes after a US district judge Jennifer Rochon stalled the prospective $8.5bn deal ...

Analyst Oliver Chen of TD Cowen maintained a Hold rating on Capri Holdings (CPRI – Research Report), reducing the price target to $22.00.

However, Tapestry and Capri, two American luxury companies, refused to fall behind their European counterparts any longer and ...

Following the company’s disappointing H2 results, Joshua Schulman presented ‘Burberry Forward’ — a detailed plan that ...

For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...

CEO says the company is well positioned to move ahead as an independent public company after Capri and Tapestry (TPR) ...

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...

The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...

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 by US ...

Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans ...

Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...