Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
- Posted on November 14, 2024
- By International Business Times
- 1 Views
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US regulators.