Tapestry (TPR) issued the following statement in response to the ruling made by the U.S. District Court in the Southern District of New York ...

A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace, citing a potential loss of competition.

Judge Jennifer Rochon of the U.S. District Court of the Southern District of New York granted the Federal Trade Commission’s motion to ...

The government's court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same ...

The announcement sent shares of Capri (CPRI) - the owner of Versace, Jimmy Choo and Michael Kors - down 45% in after-hours trade. Shares of Tapestry (TPR) - which oversees Coach, Kate Spade and Stuart ...

Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach-owner Tapestry.

A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags. Spirit Airlines Agrees to Sell 23 Planes The airline said capacity fell 1.2% during the ...

The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing ...

A U.S. judge has blocked the planned $8.5 billion merger between handbag giants Tapestry and Capri, marking a win for the FTC ...

A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The ...

A U.S. judge has halted the merger between Tapestry and Capri, valued at $8.5 billion. The decision is a win for the FTC, ...

A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...