“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...
Capri Holdings (CPRI), 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 ...
The newest American fashion conglomerate is off the cards — pending an appeal. On 24 October, a US judge blocked the Tapestry-Capri merger following an eight-day trial, which ended on 17 September and ...