Tapestry cancels $8.5bn Capri merger following FTC roadblock
In a seismic shift for the U.S. luxury market, Tapestry Inc. has terminated its ambitious $8.5 billion acquisition of Capri Holdings, a bid that would ... Read More
Capri Holdings shares plunge 50% as judge halts $8.5bn merger with Tapestry
In a significant setback for Capri Holdings, the company’s stock nosedived by 50% after a U.S. federal judge blocked its $8.5 billion merger with Tapestry. ... Read More
Phoenix Mills, BSafal to open Palladium Ahmedabad shopping mall today
The Phoenix Mills Limited (PML), an Indian developer and operator of retail led mixed use developments, and BSafal Group are set to launch the Palladium ... Read More
Michael Kors wraps up $2.1bn acquisition of Versace, changes name to Capri
Michael Kors acquisition of Versace : US-based luxury apparel retailer Michael Kors has renamed itself as Capri Holdings following the completion of a previously announced ... Read More