Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit by the U.S.

U.S. stocks are drifting Thursday as the market's big burst following Donald Trump's election continues to cool.

The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.

Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't ...

Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.

The HSR Rules have now been published in the Federal Register, which puts them on track to be effective on February 10, 2025.

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...

Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...