A federal court 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, Michael Kors, Versace and Jimmy ...
After the market closed yesterday, Capri Holdings (CPRI), a judge ruled against the planned sale to Tapestry (TPR). In response, the stock plunged by over 50%, while TPR stock should gain at least 10% ...
Tapestry's acquisition of rival Capri was blocked by a federal judge, dealing a blow to the company's intent to create a house of brands including Coach, Kate Spade, Michael Kors, Versace and Jimmy ...