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Image source: Getty Images. Tapestry. The government's blocking of the deal with Capri could be the best thing for Tapestry. The company will have to pay Capri up to $50 million if the deal is ...
Image source: Getty Images. Capri comes up short. The parent company of Michael Kors, Jimmy Choo, and Versace said that revenue in the quarter fell 16.4% to $1.08 billion, which missed estimates ...
Capri Holdings (), 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 Coach ...
Capri is the parent company of Kors' eponymous brand, as well as Versace and Jimmy Choo. Tapestry , owner of Coach New York and Kate Spade , offered to buy Capri for $8.5 billion in 2023, [ 7 ] [ 8 ] but called off the acquisition after it was blocked by a federal judge the following year.
Now Michael Kors' owner Capri has to figure out how to survive without the Tapestry deal. ... since the mid-2000s died today after two major luxury brands confirmed that their $8.5 billion deal is ...
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MILAN (Reuters) -Italy's Prada is among the potential suitors looking at fashion group Versace which Capri Holdings has put up for sale, daily Il Sole 24 ore reported on Friday. In November, Coach ...
The Dow Jones Industrial Average closed more than 300 points lower, while the Nasdaq Composite Index, which contains more technology-focused stocks, slid 1.5%. Stocks recovered some ground from ...