Shares of Capri Holdings, the parent company of luxury accessory brand Michael Kors, plummeted Friday after a judge on Thursday blocked its $8.5 billion buyout from Coach-owner Tapestry.The judgment ...
A federal judge blocked Tapestry’s (NYSE:TPR) acquisition of Capri (NYSE:CPRI) on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal Trade ...