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

Capri had more to gain from the acquisition, investors say. Meanwhile, a slowing market for luxury goods slowly made the deal ...

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 ...

Tesla stock rises after shares of the electric-vehicle maker surged 22% on Thursday, HCA Healthcare falls as Hurricane Helene ...

According to the ruling, Tapestry and Capri are "close competitors," and the merger would lead to "the loss of head-to-head competition," raising prices for shoppers. This followed the FTC's (Federal ...

Stocks mostly gained ground in mixed trading on Wall Street Friday as companies continued reporting mostly solid earnings. The S&P 500 rose 0.5% in afternoon trading Friday. The index was nearly ...