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Capri (CPRI) faces a setback as a federal judge blocks its sale to Tapestry (TPR), causing a 33% drop in after hours trading.

On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would ...

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A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a ...

A federal judge on Thursday blocked the pending merger of Tapestry and Capri on the grounds that the ... that handbags are important to many women, not only to express themselves through fashion ...