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. Luxury shakeup as Burberry taps American retail exec as its new CEO The chief executive of U.K.-based luxury retailer Burberry has departed the company after serving in the role a little more than two years. Parent company of Saks to acquire Neiman Marcus in blockbuster deal HBC, the Canadian parent company of Saks Fifth Avenue, Hudson’s Bay and other brands, is adding another retailer to its portfolio. Michael Kors is first to deploy Mastercard’s AI-powered shopping assistant Michael Kors is the first retailer to utilize a next-generation customer assistant from Dynamic Yield, a Mastercard company. Patricia Nash Designs opens its first store Vintage-inspired leather goods and accessories brand Patricia Nash Designs has entered the physical retail space. 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. 1 2 3 4 5 Next Last