A U.S. federal judge has blocked the $8.5 billion acquisition deal between luxury handbag maker Tapestry and its rival Capri, ...

A federal judge blocked the merger between (NYSE: CPRI), the parent company of Michael Kors, and Tapestry, Inc., the owner of ...

The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.

Judge Jennifer Rochon sided with the FTC in its allegations that Tapestry’s Coach and Kate Spade brands combined with Capri’s ...

The US Federal Trade Commission is blocking Tapestry’s proposed acquisition of Capri, due primarily to concerns about market concentration in handbags. A federal judge recently declined to lift the ...

Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade ...

A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a ...

FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...

In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close ...

Shares of Capri Holdings, the parent company of luxury accessory brand Michael Kors, plummeted early Friday after a judge on Thursday blocked its $8.5 billion buyout from Coach-owner Tapestry.The ...

In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close competitors" and that the merger would result in "the loss of head-to-head ...

Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent ...