Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by ...

Capri's stock plunged on the news, as the company has struggled since agreeing to be acquired. The company must renew its focus, but a turnaround won't be easy. Tapestry, meanwhile, has seen ...

This isn’t the way either Tapestry Inc. or Capri Holdings expected their $8.5 billion engagement to end. But now that the breakup has come — after a preliminary and all-but-final injunction ...

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

Capri Holdings (NYSE:CPRI) plunged 50% in after hours trading after a federal judge blocked its $8.5 billion planned sale to Tapestry (TPR). Shares of Tapestry jumped 7.5%. US District Judge ...

Controversy ahoy. Ford has taken design cues – the front and rear faces, the window outline and cabin silhouette – from its old drag queen the Capri. The Capri was a coupé version of the Cortina.

“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...

Nov. 14 (UPI) --Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands, respectively -- ended their $8.5 billion merger agreement Thursday.

Capri Holdings shares plummeted 45% soon after the market opened Friday after a federal judge blocked Coach owner Tapestry's $8.5 billion acquisition of the Versace and Michael Kors parent.

The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors. By Lauren Hirsch and Jordyn Holman A federal judge moved ...

Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...

Capri Holdings shares fell 48% after a judge blocked its acquisition by Tapestry, which plans to appeal the ruling. Wells Fargo lowered Capri's price target from $42 to $23, while Tapestry's ...