Besides Michael Kors, Capri also owns luxury brands Versace founded in Italy and London-based Jimmy Choo so Tapestry loses ...
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 ...
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Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry.
Capri Holdings' stock plummeted nearly 50% after a U.S. District Judge suspended Tapestry's $8.50 billion acquisition due to ...
Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent ...
The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.
(Reuters) -Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach ...
Capri, already struggling, could look to sell Versace and even go private to right itself, according to analysts.
Telsey Advisory lowered the firm’s price target on Capri Holdings (CPRI) to $26 from $42 and keeps a Market Perform rating on the shares.