Tapestry and Capri call off $8.5 billion merger amid legal hurdles A deal that would have created a U.S.-based luxury giant has been given its final blow. Judge blocks Coach owner’s proposed acquisition of Michael Kors parent Capri The possibility of a U.S.-based luxury giant has been dealt a serious blow. L’Oréal leader named Kate Spade CEO Fashion parent company Tapestry, Inc. has announced a new leadership appointment for one of its three brands. FTC acts to block Coach parent’s acquisition of Michael Kors owner Capri Holdings The Federal Trade Commission wants to stop a $8.5 billion blockbuster luxury retail acquisition. Report: FTC may block sale of Michael Kors parent to Coach parent Tapestry A $8.5 billion acquisition of three luxury brands may be in jeopardy. Tapestry expands customer data analysis to Kate Spade The parent company of Coach, Kate Spade and Stuart Weitzman is building on successful customer identification efforts. Coach parent Q2 tops Street; mega-deal on track for 2024 close Tapestry reported record second-quarter revenue that exceeded its estimates, largely due to a strong performance by its biggest brand, Coach. Coach parent Tapestry opens high-tech fulfillment center Tapestry is expanding its supply chain infrastructure to better serve West Coast customers.
