Capri and Tapestry End Merger Plan

Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.
Capri Holdings, Tapestry agree to end $8.5B merger deal
Capri Holdings (NYSE:CPRI) and Tapestry, Inc. (NYSE:TPR) have mutually agreed to end their $8.5B merger deal. “Capri and Tapestry mutually agreed that terminating the merger agreement at this time is in the best interest of both companies,
Tapestry’s stock pops and Capri falls 6% as fashion giants scrap merger deal
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
What’s next for Capri Holdings after ending Tapestry merger deal?
Capri and Tapestry have mutually agreed to terminate their planned merger. Capri CEO continues to see long-term potential in the company.
Tapestry And Capri Call Off $8.5B Deal Amid Legal Hurdles
Tapestry, Inc. (NYSE:TPR) shares are trading higher premarket on Thursday after the company disclosed that it has reached an agreement with Capri Holdings Limited (NYSE:CPRI) to terminate their merger agreement.
Capri Announces Mutual Termination Of Merger Agreement With Tapestry - Quick Facts
Capri Holdings (CPRI) announced the mutual termination of its definitive merger agreement with Tapestry, Inc. The required closing
Capri and Tapestry End Merger Plan After FTC Wins Blocking Order
Capri Holdings Ltd and Tapestry Inc. have ended an $8.5 billion plan to merge after a US court order freezing the deal due to US antitrust regulators’ objections.
Tapestry, Inc. Announces Termination of Merger Agreement With Capri Holdings Limited
Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today announced that it reached an agreement with Capri Holdings Limited (NYSE: CPRI) to terminate the merger agreement between the parties.
Tapestry and Capri Scrap Merger Plans. Completion of Luxury Deal Uncertain.
Tapestry and Capri Holdings have scrapped their merger plans a few weeks after the Federal Trade Commission sued to block the deal. Tapestry shares gained 6.7% in premarket trading, while Capri stock fell 4.
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
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Tapestry halts Capri merger efforts, shares pop
Capri Holdings Ltd (NYSE:CPRI) and Coach owner Tapestry (NYSE:TPR) canceled their merger on Thursday after the Federal Trade Commission (FTC) blocked the proposed deal. The news sent Tapestry shares rising around 5% in premarket trading,
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Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach and Kate Spade, and Capri Holdings, the parent company of Versace and Michael Kors, on ...
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Capri Holdings and Tapestry Terminate Merger Agreement
Capri Holdings Limited has reported the mutual termination of its definitive merger agreement with Tapestry, Inc. Capri ...
Why Capri Holdings Stock Was Falling Today
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
Capri Holdings: Hold Rating Amid Sales Decline and Acquisition Uncertainty
TD Cowen analyst Oliver Chen maintained a Hold rating on Capri Holdings (CPRI – Research Report) yesterday and set a price target of ...
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Capri revenue falls sharply as hopes of a Tapestry merger dim
Capri Holdings revenue decreased 16.4% to $1.08 billion for the second quarter of fiscal 2025, according to a Thursday ...
Michael Kors Owner Capri Sees Business Fall Further as Revenues Drop 16.4%
CEO John Idol described the results as disappointing and pinned them on the "softening demand globally for fashion luxury ...
Capri Stock Sinks After Versace Parent's Poor Earnings
Key Takeaways Versace's parent company, Capri Holdings, reported fiscal-second-quarter results that missed analysts' ...
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J.P. Morgan Sticks to Their Hold Rating for Capri Holdings (CPRI)
J.P. Morgan analyst Matthew Boss maintained a Hold rating on Capri Holdings (CPRI – Research Report) on November 8 and set a price target of $15.00. The company’s shares closed last Friday at ...