Capri Holdings Shares Plummet 46% Following U.S. Court Decision to Block $8.5 Billion Merger with Tapestry
October 25, 2024 In a surprising turn of events, Capri Holdings, the parent company of high-profile fashion brands such as Michael Kors, Jimmy Choo, and Versace, saw its shares fall by a staggering 46% after a U.S. court decision halted its proposed $8.5 billion merger with luxury fashion conglomerate Tapestry, Inc. Tapestry is best known […]
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