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Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri https://www.cnbc.com/2024/10/24/judge-blocks-coach-owner-tapestrys-proposed-acquisition-of-michael-kors-owner-capri.html Oct 25, 2024 - The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees.
In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era https://www.cnbc.com/2024/09/16/tapestry-capri-antitrust-trial-michael-kors-testifies.html Sep 17, 2024 - It is one of the latest testimonies in the Federal Trade Commission's lawsuit to block the merger of Coach's owner Tapestry and Michael Kors' owner Capri.
Three key questions that will shape whether Coach and Michael Kors owners will merge https://www.cnbc.com/2024/09/12/tapestry-capri-antitrust-trial-key-questions-about-merger.html Sep 16, 2024 - Tapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust challenge of their planned merger.
Burberry shares drop 16% after the luxury giant issues profit warning and replaces CEO https://www.cnbc.com/2024/07/15/burberry-replaces-ceo-suspends-dividend.html Jul 15, 2024 - Shares in Burberry plunged Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.
Mastercard's (MA) Shopping Muse Debuts With Michael Kors https://www.zacks.com/stock/news/2287496/mastercard-s-ma-shopping-muse-debuts-with-michael-kors?cid=CS-ZC-FT-analyst_blog|company_news_finance_sector-2287496 Jun 12, 2024 - Mastercard's (MA) Shopping Muse is set to be first adopted by Michael Kors, highlighting an important step to improve customer satisfaction and transaction volumes.

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