Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...

After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...

What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands ...

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

Led by a sizeable drop in sales for both Versace and Michael Kors, Capri (NYSE:CPRI) reported worse-than-expected results for the fiscal second quarter, driving shares more than 7% lower after the ...

Capri Holdings is still looking to find its ... which led to $3 million in operating losses. Michael Kors’ top line dropped 16 percent to $738 million, with retail sales decreasing by midsingle ...

Capri said Michael Kors' quarterly revenue, which contributed 68% to its total sales in 2024, declined 16%, compared with an 8.6% drop a year earlier. The company's quarterly margin was 64.3% ...

Capri Holdings is still looking to find its footing ... Revenue in the Americas was down 33 percent, which led to $3 million in operating losses. Michael Kors’ top line dropped 16 percent to $738 ...

The company was founded by Michael David Kors on December 13, 2002 and is headquartered in London, the United Kingdom. Read More on CPRI: Capri Holdings NewsMORE Related Stocks Indices Commodities ...