On April 22, 2024, the FTC brought an action to enjoin the acquisition given its anticompetitive effects. Capri and Tapestry, however, strongly disputed the FTC's allegations and insisted that the ...
When a US judge unexpectedly blocked Capri Holdings Ltd.’s takeover by rival Tapestry Inc. in October, stunned hedge fund managers ran for the exits as the handbag maker’s stock plunged. For ...
(Bloomberg) -- Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion ... Tapestry, owner of the Coach and Kate Spade brands, and Capri, whose biggest brand is Michael Kors, said they ...
By Mattia Dognini Is Donatella Versace about to say arrivederci to the iconic fashion brand that bears her name? Or more to the point, is Capri Holdings, Versace‘s American corporate owner ...
Riverwater Partners, an investment management company, released its “Sustainable Value Strategy” Q4 2024 investor letter. A ...
Prada is reportedly assessing a bid for Versace, owned by Capri Holdings Ltd (NYSE: CPRI) after Tapestry Inc. (NYSE: TPR) backed out of its $8.5 billion acquisition.
Capri Holdings Limited, et al., No. 24-cv-1410. Why was Capri Sued for Securities Fraud? Capri is a fashion firm that owns several fashion brands ... value from Tesla, Inc.’s Board of Directors ...
The analyst upgraded shares of the Michael Kors parent to outperform and said investors have been too harsh in their judgement.
And since the deal was struck, Capri Holdings’ results have tanked, most especially its flagship Michael Kors brand, which accounts for roughly two-thirds of company revenues. With Tapestry ...
Capri Holdings Limited, (D. Del.), the Capri class action lawsuit charges Capri, Tapestry, Inc., and certain of their ... internally consider their handbag brands to be in direct competition ...
Capri Holdings Limited (NYSE:CPRI) has hired Barclays to explore options for the Versace and Jimmy Choo labels, according to the Italian publication Il Sole 24 Ore. Equita SIM analyst Paola ...